South China Morning Post
AsiaPac · 3 hrs ago
✦ 72◉ Centre
27 countries seek access to World Bank funds since Iran war
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Quality 72/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Twenty-seven countries have established crisis funding mechanisms with the World Bank since the start of the Iran-Middle East conflict on February 28, according to an internal World Bank document reviewed by Reuters. The document did not identify the specific countries or funding amounts sought.
27 countries seek access to World Bank funds since Iran war
Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World Bank programmes, according to an internal document viewed by Reuters.
The World Bank document did not name the countries or the total amount of funds potentially being sought. The World Bank declined to comment.
The document showed that three countries had approved new instruments since the Middle East conflict began on February 28, while the...
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