IBRD

2.

Global Fund invests $40 million to facilitate $400-million World Bank loan to India

26 Jun 2019
Loan ‘buy-down’ leverages increased resources to frontload India’s investment, help achieve impact quickly

The Global Fund describes the $41.6 million in funding awarded to India in April as an innovative approach that will catalyze significant additional funding for the fight against tuberculosis. The award includes $40.0 million to buy down a portion of a $400.0-million loan from the World Bank over five years.

S'abonner à IBRD