World Bank to loan $700 million to help Colombia coronavirus response
The World Bank has approved a loan of $700 million to Colombia to help the Andean country in its fight against the coronavirus pandemic, it said on Friday.
“We are working quickly so that Colombia can count on the resources it needs in these times that are difficult for everybody, especially for the most vulnerable,” said Ulrich Zachau, the bank’s director for Colombia and Venezuela.
“With this loan we hope to mitigate the impact of the pandemic on the health sector, the economy, and primarily to protect the lives and well-being of Colombian families.”