Bangladesh receives over $1b WB financing to fight COVID-19
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DHAKA, April 14, 2021 (BSS) – The government of Bangladesh signed three financing agreements totaling $1.04 billion with the World Bank to respond to the COVID-19 pandemic and to build resilience to future crises, including vaccination against COVID-19, expand electronic procurement and accelerate economic recovery.
The $500 million additional financing to the COVID-19 Emergency Response and Pandemic Preparedness Project will help Bangladesh vaccinate about 54 million people against COVID-19. It will help the government procure vaccines; expand storage facilities; and distribute and deploy the vaccines, said a World Bank press release today.
The project will also continue to provide support to strengthen the national health systems to detect, prevent, and treat COVID-19 cases as well for preparedness for future health emergencies.