COVID-19 (Coronavirus) Response
Effective social protection systems are crucial to safeguarding the poor and vulnerable when crisis hits. Yet, in many countries, such systems remain limited in coverage and will need significant upgrading to respond to a pandemic like COVID-19 (Coronavirus). To help protect individuals and communities from the adverse impacts of the pandemic, the World Bank Group is prepared to deploy up to $160 billion over the next 15 months to support measures that will help countries cope with immediate health consequences and bolster economic recovery. This will include efforts in strengthening social safety nets to help prevent vulnerable groups from falling (deeper) into poverty, as well as supporting businesses and overall economic resilience.
- Author/Editor
- The World Bank
- Publishing Year
- 2020