shot-button
Maharashtra Elections 2024 Maharashtra Elections 2024
Home > News > World News > Article > World Bank calls for global effort against coronavirus outbreak

World Bank calls for global effort against coronavirus outbreak

Updated on: 04 February,2020 10:57 AM IST  |  Washington
AFP |

Since breaking out in China, the virus has killed 425 people in the country.

World Bank calls for global effort against coronavirus outbreak

Commuters wear face masks as they travel on a MTR underground metro train in Hong Kong. Pic/ AFP

Washington: The World Bank has called for countries to step up programmes to fight the new coronavirus outbreak, and said it was considering mobilising its own resources against the disease. "We are calling on all countries to strengthen their health surveillance and response systems, which is essential to contain the spread of this and any future outbreaks," the institution said in a statement on Monday. "The World Bank Group is reviewing financial and technical resources that can be mobilised quickly to support affected countries," and also "closely coordinating with international partners to accelerate the international response."


Since breaking out in China, the virus has killed 425 people in the country, exceeding the 349 dead in the Chinese mainland from the Severe Acute Respiratory Syndrome (SARS) outbreak of 2002-03, which eventually killed nearly 800 globally. The new virus has infected 17,200 people and spread to more than 20 countries amid fears it could paralyze China and harm the global economy.


The World Bank said it was "monitoring the wider economic and social impacts of this crisis," and would support "China's efforts to respond, including its efforts to maintain resilience in its economy." If the epidemic reaches the same severity as the Spanish flu in 1918, which killed 30 million people, it could cost the global economy between one percent and ten per cent of growth, World Bank President Jim Yong Kim said at the end of January.


International Monetary Fund chief Kristalina Georgieva said last week that negative impacts on the economy in the first half of 2020 were likely but "it would be irresponsible to offer any speculations around what may happen."

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK