Kenya eyes Sh10bn World Bank loan for Covid vaccines
Thursday March 11 2021
Health Cabinet Secretary Mutahi Kagwe (centre) briefs media on the rollout of the Covid-19 vaccine to counties outside the offices of the Council of Governors on March 10, 2021. NMG PHOTO
By JOHN MUTUA
Summary
The money will buy 11 million doses of the Oxford-AstraZeneca jab that will be used to vaccinate five million persons.
The Treasury failed to allocate Sh4.5 billion needed for the next phase of Covid-19 vaccination starting July, raising the risk that targeted Kenyans could miss out on the jab against the infectious disease.
This has forced the Kenya to seek help from the World Bank in an economy faced with deteriorating cash-flow situation that is marked by falling revenues and worsening debt service obligations.