The World Bank has agreed to provide $500 million to Bangladesh in additional financing to buy Covid-19 vaccines. The main objective of the WB’s additional financing for this project is — vaccination of 31 percent of the total population of the country through direct purchase of Covid-19 vaccine.
A loan agreement was signed between the government and the Washington-based global lender yesterday in this regard.
With this deal, the government inked three loan agreements with the WB in the last two days through virtual programmes. The WB is providing the country with $1.04 billion to implement three projects, including purchase of vaccines.
This is an extract from the news report originally published in the Daily Star. You can find it here.
Image Credits: Institute for Policy Studies
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