2 Million Pound Bank Statement What Will 2 Million Pound Bank Statement Be Like In The Next 2 Years?
FILE PHOTO – Shoppers cutting a face masks advance arcade carts central a bazaar afterwards arcade during a one-day appropriation of sales tax, amidst the beginning of the coronavirus ache (COVID-19), in Bogota, Colombia June 19, 2020. REUTERS/Luisa Gonzalez
BOGOTA (Reuters) – The World Bank has accustomed a accommodation of $700 actor to Colombia to advice the Andean country in its action adjoin the coronavirus pandemic, it said on Friday.
The accommodation will advice Colombia strengthen its healthcare arrangement to accommodated added appeal for services, and will additionally acquiesce amusing aid programs to aggrandize and widen accessible acclaim and clamminess for businesses, the World Bank said in a statement.
“We are alive bound so that Colombia can calculation on the assets it needs in these times that are difficult for everybody, abnormally for the best vulnerable,” said Ulrich Zachau, the bank’s administrator for Colombia and Venezuela.
“With this accommodation we achievement to abate the appulse of the communicable on the bloom sector, the economy, and primarily to assure the lives and abundance of Colombian families.”
Colombia has appear 84,442 cases of coronavirus and 2,811 deaths.
Including this loan, the World Bank has lent $1.25 billion to Colombia during the aboriginal six months of the year and provided $250 actor in accident costs to advice its coronavirus response.
Significant added loans are accepted in the additional bisected of the year for apartment and basement projects, the Bank said.
Colombia’s abridgement has been aged by a civic lockdown to barrier the advance of the disease.
While assertive restrictions accept been lifted, the accounts admiral still expects gross calm artefact to arrangement 5.5% this year and foresees a budgetary arrears of 8.2%.
Reporting by Oliver Griffin; Editing by Sonya Hepinstall
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