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Ukraine to loan USD 89 mln from IBRD for needs of vaccination program

Source : 112 Ukraine

The deal foresees allocation of funds for procurement of vaccine, logistics, purchase of refrigerators, provision of cold chains and waste management training
15:43, 22 April 2021

Reuters

Ukraine plans to loan 2.5 billion UAH (roughly 89 million dollars) from the IBRD to combat the Covid-19 pandemic and due conduction of the vaccination campaign. Svitlana Shatalova, the Deputy Healthcare Minister of Ukraine said so at a briefing.

"The Ukrainian healthcare system will get extra 2.5 billion hryvnias of aid from the International Bank for Reconstruction and Development. Yesterday, the Cabinet agreed on the deal offered by the Healthcare Ministry - the one about the loan within the initiative "Urgent response to Covid-19 and vaccination in Ukraine", SHatalova said.

According to her, the document foresees allocation of funds for procurement of vaccine, logistics, purchase of refrigerators, provision of cold chains and the waste management training. Some money will go to udpate the refrigerators in the vaccination points, and sequencing of the strains of the virus's origins.

Related: IMF mission begins loan talks in Ukraine

The Ministry also claimed that the deal with UNDP, which provides for technical assistance for Ukraine in order to cope with consequences of Covid-19 pandemic.

The deal with the IBRD is supposed to be valid until 2024.

Related: Banks survive, fast credit market drowning: How Ukrainians take loans during pandemic

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