World Bank May Deploy Up to $127 Billion for War-Affected Countries if Conflict Persists
The World Bank plans to allocate between $80 billion and $127 billion over the next 15 months to assist countries hit by the Middle East conflict, with the upper estimate reflecting the potential need if the war continues longer. This financial response exceeds the $70 billion allocated during the COVID-19 pandemic, underscoring the severity of the crisis. Future contributions will depend on how long the conflict persists and its impact on affected nations.
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Ajay Banga
World Bank