Bangladesh Receives Over $1 Billion World Bank Financing for Vaccination and Responding to COVID-19 Pandemic
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DHAKA, April 14, 2021 - 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. 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.
Bangladesh inks over $1 b deal with World Bank for responding to COVID-19 pandemic
UNB
14th April, 2021 02:05:30
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.
The agreements were signed by Economic Relations Division secretary Fatima Yasmin and World Bank Country Director for Bangladesh and Bhutan Mercy Tembon on behalf of the Government and the World Bank, respectively.
The credits are from the World Bank’s International Development Association (IDA), and have a 30-year term, including a five-year grace period.
Uniindia: Dhaka, Apr 14 (UNI) The government of Bangladesh signed three financing agreements totalling $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.
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