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

IMF hails India’s economic reforms

The IMF on Tuesday raised India’s growth projection to 6.6 per cent, an upward swing of 0.2 percentage points…reports Asian Lite News IMF Managing Director Kristalina Georgieva on Thursday praised India for

Trump plans new squeeze on Russia

US President Donald Trump plans to tighten pressure on Moscow by halting global energy imports from Russia….reports Asian Lite News Since imposing a large sum of “reciprocal” trade tariff, Trump has been

India, Lanka deepen trade, education ties

The leaders discussed ways to enhance bilateral cooperation between India and Sri Lanka in education and capacity building….reports Asian Lite News External Affairs Minister S. Jaishankar met Sri Lankan Prime Minister Harini

Yunus regime faces military heat

Army Chief, General Waker-uz-Zaman, is facing immense pressure from his officers, and this led him to cancel his visits to India and Saudi Arabia….reports Asian Lite News A major showdown is looming

India, Uganda vow deeper ties

Minister of State Kirti Vardhan Singh met Ugandan President Yoweri Museveni on Thursday to discuss strengthening India–Uganda ties….reports Asian Lite News Union Minister of State for External Affairs Kirti Vardhan Singh met
Go toTop

Don't Miss

Pakistan’s Economy Held Hostage by Military

Despite the crisis-ridden economy merely managing to survive on IMF

Pak PM to address UNGA, raise Afghanistan situation

Akram said that Pakistan would draw the world’s attention towards