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WB reallocates to Pakistan Rs24 27 bn to buy vaccines

August 4, 2021 ISLAMABAD: The World Bank has reallocated $150 million (Rs24.27) for Pakistan to procure COVID-19 vaccines, South Asia Regional Vice President (SARVP) World Bank Hartwig Schafer said on Tuesday. Talking to Minister for Finance Shaukat Tarin here, Schafer said, The WB is fully committed to providing assistance to the developing countries for procurement of COVID-19 vaccines and for the purpose, $150 million has been re-allocated for Pakistan by the Bank.” Pakistan s Country Director World Bank Najy Benhassine and Special Assistant to Prime Minister on Finance and Revenue Dr Waqar Masood were also present in the meeting. The finance minister acknowledged the significant contribution of the World Bank in the socio-economic development of the country since the 1950s. He welcomed the World Bank Group’s proposed $12 billion initiative to help developing countries procure COVID-19 vaccines to treat up to one billion people.

WB reallocates Pakistan Rs24 27b to buy vaccines

August 4, 2021 ISLAMABAD: The World Bank has reallocated $150 million (Rs24.27) for Pakistan to procure COVID-19 vaccines, South Asia Regional Vice President (SARVP) World Bank Hartwig Schafer said on Tuesday. Talking to Minster for Finance Shaukat Tarin here, Schafer said, “The WB is fully committed to providing assistance to the developing countries for procurement of COVID-19 vaccines and for the purpose, $150 million has been re-allocated for Pakistan by the Bank”. Pakistan’s Country Director World Bank Najy Benhassine and Special Assistant to Prime Minister on Finance and Revenue Dr Waqar Masood were also present in the meeting. The finance minister acknowledged the significant contribution of the World Bank in the socio-economic development of the country since 1950s.

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