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.