Ukraine to Attract $90 Million Loan to Fight Coronavirus

On 27 April, the Ukrainian delegation held official talks with the International Bank for Reconstruction and Development (IBRD) on a joint Ukraine Emergency COVID-19 Response and Vaccination Project.

Following the meeting, it was agreed to attract a $90 million loan from the IBRD for the project implementation.

It provides for measures to prevent, detect and respond to threats arising from the COVID-19 pandemic, as well as to strengthen the national health care system as a whole.

In particular, the project will provide funds for the purchase of COVID-19 vaccines for the population of Ukraine in addition to the number of vaccines that were guaranteed under the COVAX and GAVI partnership. This will allow Ukraine to achieve its primary goal – full vaccination coverage of at least 20% of the country’s population.

In addition, the project implementation will increase the number of COVID-19 tests, upgrade equipment for medical waste disposal, accounting, and monitoring of vaccination progress. In addition, the project provides for training of staff involved in vaccination, etc.

Natalia Tolub