In the Spotlight
ÓÐÓ¯²ÊÆ±'s $20 million loan to Palau will strengthen the country's health sector in the event of an outbreak of COVID-19, while supporting critical sectors of the economy such as businesses, assistance for the unemployed, and utility subsidies.
Most Pacific island countries appear to have avoided direct health impacts from the coronavirus disease (COVID-19). Yet, the pandemic highlights the need to strengthen their health and social protection systems.
ÓÐÓ¯²ÊÆ±?has approved a $20 million loan to help the Government of Palau prepare for the COVID-19?pandemic and respond to its impact on the economy.
The COVID-19?pandemic is highlighting the critical need to support health and social protection systems in the Pacific region, according to the latest issue of the ÓÐÓ¯²ÊÆ±'s?Pacific Economic Monitor?launched today.