To date, the World Bank has committed more than $1.4 billion to help countries in Europe and Central Asia mitigate the impacts of COVID-19. Since April 2nd, 2020, around $490 million has been approved through new emergency response projects. In addition, up to $925 million is being reallocated, used, or made available from existing projects and lending, including additional financing, to help countries with their COVID-19 response.

This financing is paying for medical equipment, including test kits, respirators and ventilators, and strengthening the capacity of health systems, including training for health care workers, along with social protection support for the most vulnerable people affected by COVID-19. Several countries in the region are currently in discussions with the World Bank about future projects and support to help them address the impacts of the pandemic.

Also, Ms. Anna Bjerde, a Swedish national, became the new World Bank Vice President for Europe and Central Asia on May 1st, 2020. In this position, Ms. Bjerde will lead the World Bank’s strategic, analytical, operational and knowledge work in the region.

Ms. Bjerde has held several senior positions at the World Bank throughout her twenty-five year career. She is a recognized leader in economic development, with a focus on inclusive growth and sustainable development. Ms. Bjerde succeeds Mr. Cyril Muller, who became Vice President for Europe and Central Asia in July 2015.