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IMF, World Bank Group, and WHO Strengthen Cooperation on Pandemic Preparedness

IMF World Bank Group and WHO Strengthen Cooperation on Pandemic Preparedness

The International Monetary Fund (IMF), World Bank Group (WBG), and World Health Organization (WHO) have announced a new framework for enhanced cooperation to bolster global pandemic preparedness. This collaboration aims to help countries prevent, detect, and respond more effectively to public health threats through coordinated financial and technical support.

The IMF’s Resilience and Sustainability Trust (RST) will provide eligible member countries with long-term, low-interest financing to implement reforms addressing structural challenges, such as pandemics, while improving the resilience of health systems. The World Bank Group will offer additional financial and technical backing, while WHO will contribute its in-country expertise and operational capabilities.

By combining their strengths, these institutions will enhance pandemic preparedness efforts. The IMF will focus on policy and institutional reforms through its Resilience and Sustainability Facility (RSF), the WBG will drive investments and policy reforms, and WHO will provide technical support on the ground. This partnership seeks to ensure that member countries improve the resilience of their health systems and are better equipped to respond to future health emergencies.

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