Bank loan

Moldova to obtain 24.8 million euros loan from the World Bank for vaccination against Covid-19

CHISINAU (Moldova), Sept. 17 (SeeNews) – Moldova will receive a loan of 24.8 million euros ($ 29.2 million) from the International Development Association (IDA), which is part of the group of World Bank, to finance the purchase of Covid-19 vaccines and make the vaccination process run more smoothly, the government announced.

The funds will also be used for investments in cold chain systems, development of health information systems, management of medical waste, as well as for technical assistance aimed at strengthening capacities for the implementation of the process. vaccination, the government said in a statement on Thursday.

Moldova will be able to purchase vaccines from various sources, including directly from manufacturers or through the COVAX platform and from other states with additional vaccine stocks, taking into account value for money, regulatory standards, capacity of the national immunization system, as well as the delivery time.

The loan financing framework agreement was signed by President Maia Sandu on August 9. The deadline for implementing the agreement is April 30, 2023.

On September 15, the European Commission approved € 36 million in non-repayable funding to support Moldova’s post-coronavirus economic recovery. The grant represents the first tranche of a three-year economic recovery plan worth € 600 million approved in June.

On September 10, Moldova declared a nationwide state of health emergency until the end of October to contain an upsurge in coronavirus infections. During this time, people will only be able to attend indoor and outdoor mass events after proving that they have not been infected with Covid-19.

Moldova, with a population of 2.6 million, reported 1,289 new cases of the coronavirus on Thursday, bringing the total to 279,143. Of the total new infections, 1,057 were contracted by unvaccinated people.

So far, 746,866 people have been fully vaccinated against Covid-19, according to data from the Ministry of Health.

($ = 0.8489 euros)

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