COVID-19: The Response Of The International Financial Institutions And Some Considerations For Sovereign Debt Management Officers

AP
Arnold & Porter

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o help our clients navigate the coronavirus (COVID-19) crisis, Arnold & Porter has established a Coronavirus Task Force covering a wide range of issues and challenges.
United States Coronavirus (COVID-19)
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To help our clients navigate the coronavirus (COVID-19) crisis, Arnold & Porter has established a Coronavirus Task Force covering a wide range of issues and challenges. Subscribe to our "Coronavirus (COVID-19)" mailing list to receive our latest client Advisories and register for upcoming webinars.

In their efforts to finance the fight against the COVID-19 pandemic, countries around the world have sought both funding and information from, among other sources, the international financial institutions (IFIs). Many of the IFIs already have or are in the process of introducing lending facilities targeted to helping countries mitigate the effects of the pandemic. The International Monetary Fund and The World Bank Group, in consultation with the World Health Organization, have facilities available for their 189 member countries, while the regional development banks, such as the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, the African Development Bank, and similar institutions, are offering financial assistance for countries in their respective regions. In that connection, this Advisory provides descriptions of some of the wide array of facilities IFIs are offering, followed by links to the sites of these IFIs which provide more information about the facilities, eligibility and access.

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