WASHINGTON: The World Bank's board is finalising a package of coronavirus relief valued at up to US$160 billion over the next 15 months, the development lender's president, David Malpass said on Thursday .
"The goals are to shorten the time to recovery; create conditions for growth; support small and medium enterprises; and help protect the poor and vulnerable," Malpass said in a statement issued after a G20 leaders call on Thursday.He added that the health crisis hit close to home, as former World Bank US executive director Carole Brookins has died of COVID-19, the disease caused by the coronavirus.
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