[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109848-en":3,"doc-seo-109848-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":14,"update_tm":28,"read_time":20},109848,962075114765,"Quinn","https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd",8,"Research & Report","World Bank COVID-19 Strategic Preparedness and Response Program (SPRP) - Chair Summary - April 2, 2020","Executive Directors approved an overall IBRD/IDA financing package for the emergency global COVID-19 Strategic Preparedness and Response Program (SPRP) using the Multiphase Programmatic Approach (MPA). The financing totals US$6 billion, including up to US$4 billion in newly dedicated COVID-19 health support, and covers Phase 1 with 25 investment project financing operations. The Program Development Objective emphasizes preventing, detecting, and responding to COVID-19, strengthening national public health systems, and supporting country preparedness for potential follow-on waves.","Public Disclosure Authorized Public Disclosure Authorized  \nWorld Bank COVID-19 Strategic Preparedness and Response Program (SPRP)  \nutilizing the Multiphase Programmatic Approach (MPA)  \nChair Summary*  \nApril 2, 2020  \nExecutive Directors approved an overall IBRD/IDA financing for the emergency global COVID- 19 Strategic Preparedness and Response Program (SPRP) utilizing the Multiphase Programmatic Approach (MPA). The amount of the proposed IBRD/IDA financing for the SPRP is US$6 billion of which up to US$4 billion in newly dedicated COVID-19 health financing (up to US$2.7 billion IBRD and up to US$1.3 billion IDA18 resources) . Executive Directors also approved the financing of Phase 1 of the MPA for 25 investment project financing operations consisting of IBRD financing in the amount of US$1,123.8 million, and IDA financing in the amount of US$774.75 million equivalent on the terms and conditions, and policy waivers set out in the President’s Memorandum.  \nDirectors strongly supported the Program Development Objective to prevent, detect and respond to the public health threat posed by COVID-19 and strengthen national systems for public health preparedness. Directors recognized the importance of country preparedness to respond to possible follow-on waves ofCOVID-19.  \nDirectors highly appreciated the dedication of Bank staff, and the agility and speed of their outreach to client countries to prepare the 25 projects under Phase 1 , and expressed appreciation for the innovation of Bank facilitated support for procurement of critical medical supplies.  \nDirectors noted Management’s efforts to closely coordinate within the World Bank Group and with member governments, private sector clients, regional and international organizations including the UN agencies, World Health Organization, and the IMF. In this regard, they supported transparent knowledge and information sharing under all Phases ofthe response. They called for strengthening the regional dimensions of the response to the pandemic, while ensuring its operational and fiscal sustainability, and welcomed a dedicated Task Force to support implementation. Directors expressed concern about the unfolding economic and social impact of the crisis and urged the Bank to prioritize its interventions on a needs-basis, focusing on the most pressing challenges while identifying mechanisms to support the poor and vulnerable. They also emphasized the need for long-term structural reforms and transformative change.  \nDirectors noted the high risks, particularly those associated with operations in fragile countries, and supported strengthening capacities and continued monitoring to manage and mitigate risks. Management confirmed that use of the military in any project will be limited to core health response, such as procurement of medical supplies and rapid construction of additional medical facilities and isolation rooms, and will pay close attention to assessment and mitigation of the risks.  \nDirectors called for flexibility, agility and real time learning, including from peers, and adaptation during implementation. They asked to receive regular updates on the evolving response and results.  \n* This summary is not an approved record.","cbCaijtm7AthqCce","https://ap.wps.com/l/cbCaijtm7AthqCce","pdf",102139,3,1,"English","en",105,"# Executive Directors’ approval\n## Financing scope and Phase 1 operations\n## Program Development Objective and preparedness focus\n## Implementation coordination and knowledge sharing\n## Risk management and operational priorities","[{\"question\":\"What did the Executive Directors approve for the SPRP?\",\"answer\":\"They approved an overall IBRD/IDA emergency financing package for the SPRP using the Multiphase Programmatic Approach (MPA), including Phase 1 investment project financing operations.\"},{\"question\":\"How much funding is included in the approved SPRP financing?\",\"answer\":\"The proposed financing totals US$6 billion, with up to US$4 billion in newly dedicated COVID-19 health financing.\"},{\"question\":\"What key objective guides the SPRP under the chair summary?\",\"answer\":\"The Program Development Objective is to prevent, detect, and respond to the public health threat posed by COVID-19 while strengthening national public health preparedness systems.\"}]","World Bank COVID-19 Strategic Preparedness and Response Program (SPRP) - 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