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Myanmar established fund to purchase COVID-19 vaccines - P4H Network

Myanmar established fund to purchase COVID-19 vaccines

The National-Level Central Committee on Prevention, Control and Treatment of Coronavirus Disease 2019 (COVID-19) on 30-12-2020 formed a Fund Management Sub-committee on the Purchase of COVID-19 Vaccines. The sub-committee has opened the COVID-19 Vaccination Fund at the Myanma Economic Bank in Nay Pyi Taw as follows:

(a) Fund for purchase of COVID-19 vaccines (Foreign Currency Account No. EDC 600012). The bank account will be initially deposited with USD250 million, equivalent to about K338 billion from State-funding.

(b) Fund for purchase of COVID-19 vaccines (Myanmar Currency Account No. OA 013733). The bank account is initially deposited K1 billion (K1,000 million) from State-funding.

Source: https://www.gnlm.com.mm/announcement-on-fund-establishment-to-purchase-covid-19-vaccines/?fbclid=IwAR15JIWKPWPEYcRA_tqzPqclt5R7nGQY4FWeSh9ASRfM7T69CwIh1pcz63M