IDA's Borrowing Programs

20 555 GORDHEAS AND WELL BEING GENDER EQUAL TY 13 CUMATE ACTION For more information: World Bank club https://www.worldbank.org/en/region/sar/overview#2 SOUTH ASIA IDA Supporting Growth and Resilience Development Challenge: Recovery from the COVID-19 pandemic in South Asia remains fragile and uneven, and most countries are far from pre-pandemic trend levels. South Asia's average annual growth is forecast to be 3.4% over 2020-23, 3% less than it was in the four years preceding the pandemic. It is estimated that 48-59 million South Asians became or remained poor in 2021 due to COVID-19. World Bank Strategy: • The World Bank approved $10.9 billion in lending to the region in FY21, including $7.1 billion in IDA commitments; totaling 21 billion since March 2020 Delivered 82 advisory services and analytical products to eight countries, totaling $47 million in FY21 Provide technical advice on issues including: pandemic preparedness and vaccination, debt management, job creation and female labor force participation, disaster risk management, and climate resilience Expected Results (include): 807 million vulnerable people from poor households benefited from $2.73 billion of funding that supported direct cash transfers to buy food and medical supplies $2.5 billion provided for health projects to help establish or equip more than 23,000 hospitals and healthcare centers to care for COVID-19 patients $5.5 billion of climate finance in the region since March 2020 $1 billion to support vaccine purchase and deployment in five South Asian countries; 1.6 million doses have already been delivered IDA International Development Association WORLD BANK GROUP 41

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