Ukraine may receive a $90M loan from World Bank for Covid-19 vaccination

Ukraine’s Finance Ministry, Health Ministry and the World Bank are working on the possible implementation of the project "Emergency Response Plan for the Covid-19 Pandemic and Vaccination in Ukraine", which provides for a $90 million loan for Ukraine, the Finance Ministry’s press service reports.

"The Finance Ministry supports the World Bank's initiative to implement together with the Health Ministry the joint project ‘Emergency Response Plan for Covid-19 and Vaccination’. However, these are credit funds; therefore, their use should be reasonable and rational. In addition, we must fulfill all obligations to improve the investment microclimate in Ukraine," said Deputy Finance Minister Roman Yermolychev.

According to the ministry’s press service, representatives of the Finance Ministry, the Health Ministry and the World Bank discussed the issue of healthcare support in terms of vaccination against COVID-19, which provides for replenishment of the general fund of the state budget.

As reported by Ukrinform, Ukraine will receive 8 million doses of COVID-19 vaccine within the COVAX Facility. The delivery of the first batch of 117,000 doses of Pfizer vaccine is expected in mid-February.

Ukraine also signed an agreement to purchase 1.9 million doses of COVID-19 vaccine from the Chinese company Sinovac Biotech.

As reported by Ukrinform, a total of 1,253,055 coronavirus cases were recorded in Ukraine on February 10, including 3,409 new COVID-19 cases registered in the past 24 hours.

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