Devex Examines Multilateral Development Banks’ Funding, Procurement Activity Amid COVID-19

Devex: MDBs: Fast-tracking procurement in the time of COVID-19
“…From the World Bank’s mobilization of $160 billion in funding to the Asian Development Bank’s $20 billion COVID-19 pandemic response, multilateral development banks — or MDBs — acted promptly and accelerated their processes in disbursing COVID-19 funding, which was either new or reallocated from existing projects. But the funding activity and procurement notices are increasingly difficult to track since the situation is uncertain and numbers are constantly changing, with MDBs also having to navigate the effects of market disruption — high global demands and broken supply chains — brought about by the crisis…” (Coralde/Tamonan, 7/10).

The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.

KFF Headquarters: 185 Berry St., Suite 2000, San Francisco, CA 94107 | Phone 650-854-9400
Washington Offices and Barbara Jordan Conference Center: 1330 G Street, NW, Washington, DC 20005 | Phone 202-347-5270

www.kff.org | Email Alerts: kff.org/email | facebook.com/KFF | twitter.com/kff

The independent source for health policy research, polling, and news, KFF is a nonprofit organization based in San Francisco, California.