{"id":8620,"date":"2020-03-16T14:52:54","date_gmt":"2020-03-16T11:52:54","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=8620"},"modified":"2026-01-11T05:30:55","modified_gmt":"2026-01-11T05:30:55","slug":"world-bank-offers-kenya-sh6bn-to-fight-coronavirus","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2020\/03\/16\/world-bank-offers-kenya-sh6bn-to-fight-coronavirus\/","title":{"rendered":"World Bank Offers Kenya Sh6bn To Fight Coronavirus"},"content":{"rendered":"\n<p>The\nWorld Bank has offered Kenya $60 million (Sh6 billion) to fight Covid-19 after\nthe country confirmed its first case on Friday and two more cases two days\nlater.<\/p>\n\n\n\n<p>\u201cIn Kenya, we\u2019ve committed $60 million to support the Government of Kenya\u2019s response to Covid-19: $50 million from Covid-19 financing facility, while $10 million is triggered under contingency emergency response component of transforming health systems for universal care project,\u201d said World Bank country director for Kenya Carlos Felipe Jaramillo.<\/p>\n\n\n\n<p>In Kenya, three cases have been confirmed so\nfar.<\/p>\n\n\n\n<p>President Uhuru Kenyatta on Sunday banned the\nentry of travellers from coronavirus-hit countries, closed schools indefinitely\nand urged people to self-isolate by working from home. Also encouraged is the\nuse of non-cash alternative s like mobile money and cards.<\/p>\n\n\n\n<p>Globally, the <a href=\"https:\/\/www.worldbank.org\/en\/who-we-are\/news\/coronavirus-covid19?cid=ECR_TT_worldbank_EN_EXT\">World Bank<\/a> has offered a $12 billion (Sh1.2 trillion) funding package to more than 60 countries grappling with the effects of the coronavirus. <\/p>\n\n\n\n<p>\u201cAs Covid-19\nreaches more than 60 countries, the World Bank Group is making available an\ninitial package of up to $12 billion in immediate support to assist countries\ncoping with the health and economic impacts of the global outbreak,\u201d the bank\ntweeted on Friday.<\/p>\n\n\n\n<p>The International Monetary Fund reckons that about one-third of\nthe economic losses from the disease will be direct costs -from loss of life,\nworkplace closures, and quarantines.<\/p>\n\n\n\n<p>The remaining two-thirds will be indirect, reflecting a retrenchment in consumer confidence and business behaviour and a tightening in financial markets.<\/p>\n\n\n\n<p><strong>Read also:<\/strong><a href=\"https:\/\/rayscohosting.best\/ASM\/pwani-oil-cuts-cooking-oil-soap-prices-in-fight-against-coronavirus\/\"> Pwani Oil Cuts Cooking Oil, Soap Prices In Fight Against Coronavirus<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank has offered Kenya $60 million (Sh6 billion) to fight Covid-19 after the country confirmed its first case on Friday and two more cases two days later. \u201cIn&hellip;<\/p>\n","protected":false},"author":3,"featured_media":8621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[89],"tags":[438,455,621,1558],"class_list":["post-8620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-responsibility","tag-coronavirus","tag-covid-19","tag-felipe-jaramillo","tag-world-bank"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/8620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=8620"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/8620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/8621"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=8620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=8620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=8620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}