World Bank offers $150 million in financing to Zika-affected countries

By David Lawder WASHINGTON (Reuters) – The World Bank said on Thursday it is making $150 million in financing immediately available to help combat the Zika virus outbreak in affected Latin American and Caribbean countries. The World Bank also released initial projections for the economic impact of the largely mosquito-borne virus, saying it expects it to reduce the region's 2016 economic output by $3.5 billion, or 0.06 percent of gross domestic product. Brazil, which has had the most Zika virus cases reported, is projected to lose $310 million, or just 0.01 percent of its GDP – less than the Dominican Republic, the World Bank said.

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World Bank offers $150 million in financing to Zika-affected countries