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A total of nearly $196 million was paid out from the bonds and swaps, comprising 100% of Class B, and 16.67% of Class A - the maximum possible payout for a coronavirus outbreak. [ 13 ] [ 14 ] In 2019, the World Bank indicated that they were planning on continuing the PEF programme by issuing a new set of bonds, PEF 2.0, starting in May 2020.
This is a general overview and status of places affected by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus which causes coronavirus disease 2019 and is responsible for the COVID-19 pandemic. The first human cases of COVID-19 were identified in Wuhan, the capital of the province of Hubei in China in December 2019. It ...
The COVID-19 pandemic caused far-reaching economic consequences [1] including the COVID-19 recession, the second largest global recession in recent history, [2] decreased business in the services sector during the COVID-19 lockdowns, [3] the 2020 stock market crash (which included the largest single-week stock market decline since the financial ...
Due to its severity, the COVID-19 pandemic has caused countries to send aid, as part of the international responses and management regarding the pandemic. Types of materials aided includes (but are not limited to) masks , medical supplies , personal protective equipment , money, and test kits.
These effects have persisted as US deaths due to COVID-19 in 2021 exceeded those in 2020. [362] In the United States, COVID-19 vaccines became available under emergency use in December 2020, beginning the national vaccination programme. The first COVID-19 vaccine was officially approved by the Food and Drug Administration on 23 August 2021. [363]
Coronavirus Aid, Relief, and Economic Security Act (CARES Act) – Includes $1200 stimulus checks, March 2020 Paycheck Protection Program and Health Care Enhancement Act – April 2020 Paycheck Protection Program Flexibility Act of 2020 – June 2020
The WHO has been criticized for not stating that the COVID-19 outbreak was a pandemic until significantly after it had already clearly become one. [223] On 18 January 2021, an independent panel led by Helen Clark and Ellen Johnson Sirleaf criticised the WHO for not declaring an international emergency sooner and called for its reform. The panel ...
20 May: UN FAO with UN ECLAC analyzed health risks to people in the food system value chain from workers to consumers due to the COVID-19 crisis. 22 May: The UN Office for the Coordination of Humanitarian Affairs warns that war-torn Yemen's health system has ‘in effect, collapsed” in the face of a widening COVID-19 outbreak. [291]