The IBRD will provide Ukraine with $150 million to fight coronavirus

Photo Ukrinform

The International Bank for Reconstruction and Development will provide additional $150 million to Ukraine to take action to counter the spread of COVID-19.

UA reports this with reference to the website of the Ministry of Finance of Ukraine.

Thus, on December 10, during a meeting of the Board of Directors of the IBRD they approved a decision to provide a loan for the project “Additional funding for the project “Emergency response to COVID-19 and vaccination in Ukraine”. The loan agreement was signed on December 13.

Additional funding in the amount of $90 million is planned for the already existing project. The loan was signed on May 17, 2021.

The IBRD loan will be used to strengthen the public health system, support emergency response to COVID-19 pandemic through the purchase of COVID-19 vaccines and logistics services; acquisition of cold chain facilities and logistics infrastructure; conducting training for medical staff; improvement of medical waste management systems and utilization; purchase and installation of autoclaves and other devices for disinfection and disposal of waste; conducting vaccination campaigns, developing information systems and purchasing IT equipment for vaccination management.

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