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<p>We have adapted existing bilateral health, humanitarian, economic and social protection
programmes across 35 countries and regions as part of our COVID-19 response. We are
assessing secondary impacts on local agriculture and food markets in fragile and conflict
affected states, and helping to mitigate these through multilateral initiatives such
as the Global Agriculture and Food Security Programme (GAFSP).</p><p>As a shareholder
and leading donor to the Multilateral Development Banks, we have been working with
them to ensure that they are rapidly providing much-needed working capital to SMEs
and supply chains that workers and farmers in developing countries depend on. This
includes $8 billion of fast-tracked support from the International Finance Cooperation.</p><p>We
are also exploring how DFID’s private sector development finance programmes can respond
and complement this support. For example, CDC is supporting its existing portfolio
of investee companies, and their workforces, to weather the crisis, and is looking
to make new investments that provide systemic liquidity to companies, including SMEs.
We are also working to support businesses with supply chains in developing countries
to ensure their most vulnerable workers and suppliers are prepared for the anticipated
economic and social shocks.</p>
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