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Ukraine receives $90M loan from World Bank for COVID-19 vaccination

Ukraine receives $90M loan from World Bank for COVID-19 vaccination
12 of May 2021 г.
The World Bank has approved a new $90 million project to scale-up Ukraine’s health sector response to the COVID-19 pandemic.

This was said in a press release published on the World Bank website on May 11.

The project, Ukraine Emergency COVID-19 Response and Vaccination, will support the rollout of COVID-19 vaccination to priority groups among the population and strengthen the capacity of Ukraine’s health care sector to prevent, detect, and respond to the impacts of the pandemic.

The project aims to help the country not only procure COVID-19 vaccines, but also improve the infrastructure for vaccine storage and logistics: this includes organizing service delivery, cost reimbursement for vaccine providers, expanding testing capacity, strengthening the IT system, and carrying out a vaccination public awareness campaign.

“This new loan will help Ukraine with purchasing and deployment of vaccines, including through, but not limited to, the COVAX global initiative. Ukraine has already started vaccinating priority population groups, but the critical objective at this stage is to accelerate the pace of vaccination, while keeping a focus on people with a high risk of getting infected and those most likely to develop COVID-related complications,” said Arup Banerji, World Bank Regional Country Director for Eastern Europe.

The World Bank previously provided $57 million in lending to support Ukraine’s COVID-19 response in the health sector.

As of May 12, Ukraine reported 2,129,073 laboratory-confirmed COVID-19 cases, including 4,538 new cases recorded over the past 24 hours.

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