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In their efforts to finance the fight against the COVID-19 pandemic, countries around the world have sought both funding and information from, among other sources, the international financial institutions (IFIs). Many of the IFIs already have or are in the process of introducing lending facilities targeted to helping countries mitigate the effects of the pandemic. The International Monetary Fund and The World Bank Group, in consultation with the World Health Organization, have facilities available for their 189 member countries, while the regional development banks, such as the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, the African Development Bank, and similar institutions, are offering financial assistance for countries in their respective regions. In that connection, this Advisory provides descriptions of some of the wide array of facilities IFIs are offering, followed by links to the sites of these IFIs which provide more information about the facilities, eligibility and access.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
