May 16, 2021
1 min read

World Bank grants Pakistan $153mn for Covid fight

This comes under World Bank’s effort to help poor countries purchase and distribute vaccines, tests, and treatments…report Asian Lite News

The World Bank has approved the provision of USD 153 million to support the ongoing national vaccine drive in Pakistan to help the country fight the COVID-19 pandemic.

This comes under World Bank’s effort to help poor countries purchase and distribute vaccines, tests, and treatments. As of May 13, the World Bank has approved vaccine projects in 21 countries amounting to more than USD 2 billion.

According to the press statement released on Thursday, these funds will help strengthen the health system’s capacity to implement the vaccination campaign for its prioritized and eligible populations.

“The third wave of COVID-19 emerged in Pakistan in March 2021 and is threatening the lives and livelihoods of millions of people,” said Najy Benhassine, World Bank Country Director for Pakistan.

“The World Bank remains a committed partner to support Pakistan in addressing this public health crisis, including through vaccination, and providing support to tackle the social and economic impacts of the pandemic.”

Pakistan’s medical facilities crumbling under rising COVID-19 cases(ANI)

In addition to this financing for vaccines in Pakistan, the World Bank has provided a total of USD 768.5 million to support the vaccination purchase and rollout efforts in Afghanistan, Bangladesh, Nepal and Sri Lanka.

In addition to financing, the Bank is providing technical assistance and knowledge-sharing workshops for countries in South Asia on different aspects of designing and deploying fair and equitable vaccine strategies.

Till May 13, a total of 3,997,186 people in Pakistan had received the COVID-19 jab, Geo News reported. (ANI)

ALSO READ: China, Pakistan mark 70 years of bilateral ties
Previous Story

Qureshi reaffirms Pak support for Afghan peace process

Next Story

Family really matters

Latest from -Top News

‘Kill and Dump’ Haunts Balochistan Again

The latest killings have reignited accusations of extrajudicial executions and the use of counterterrorism laws to cover up custodial deaths in Balochistan….reports Asian Lite News Concerns have deepened across Balochistan following the

‘ASEAN Expands, But Keeps Its Soul’

Malaysian Foreign Minister Mohamad Hasan urged ASEAN to uphold its unity and strategic resolve amid intensifying geopolitical tensions and mounting external pressures…reports Asian Lite News Consensus and inclusivity will remain the cornerstones

Bangladesh bends to beat Trump’s blow

Dhaka seeks compromise as Trump’s 35% tariff looms large over key exports; Washington urges worker protections, factory relocation to US…reports Asian Lite News Bangladesh has opened the second round of critical trade

China seethes as US lands F-35s in PH

As US F-35 jets land in the Philippines for the first time, Manila cements its frontline role in Washington’s power play against rising China….reports Asian Lite News The Philippines is rapidly cementing
Go toTop

Don't Miss

Pak Currency Freefall Continues

Experts say this massive devaluation of currency under the PTI

Pak-Russia oil deal faces roadblock

Pakistan and Russia had agreed to form a Special Purpose