The World Bank today approved US$ 36.2 million (66 million KM) financing for Bosnia and Herzegovina (BiH) to help the country prevent, detect and respond to the COVID–19 (Coronavirus) pandemic. The financing covers a range of interventions to strengthen public health services and to safeguard lives and livelihoods overall.
“The World Bank stands with the people of BiH during this unprecedented crisis. While the situation is still unfolding, we have managed so far to prepare this initial package to help the country prevent, detect, and respond to the pandemic and provide social assistance to most vulnerable groups”, said Emanuel Salinas, World Bank Country Manager for BiH and Montenegro.
With the BiH Emergency COVID-19 Project, the relevant authorities in the country will be able to increase isolation capacities in hospitals, obtain new intensive care beds with ventilators, establish new designated laboratories for testing and procure other medical equipment and material. Furthermore, some 48,000 people that are most affected by the pandemic crisis will receive social assistance benefits.
In parallel, the World Bank Country Office in BiH is working to adjust the existing operations and financing, especially in the health sector, in order to help the authorities to respond to the pandemic-related issues. This also includes providing advice on the likely economic impacts of the developing crisis.