COVID-19: World Bank supports Ghana with $200m for emergencies and vaccines.
Ghana has been granted $200 million by the World Bank to assist fund the COVID-19 Emergency Preparedness and Response Project.
According to Ghanaweb.com, the initiative, which is being carried out in conjunction with COVAX, aims to assist the government in purchasing COVID-19 vaccinations for 13 million Ghanaians.
This is part of a larger attempt to stop the deadly coronavirus from spreading.
It also intends to develop Ghana’s health system in order to make it more robust and capable of surviving future pandemics.
The money provided, according to the article, would also help the Ghanaian economy recover and aid in the country’s overall socioeconomic rehabilitation.
In a statement, the World Bank Country Director, Pierre Laporte, said “The World Bank is happy to support this second additional financing given the importance of preventing deaths and reducing transmission of COVID-19 among the population by providing access to COVID-19 vaccines towards accelerating economic and social recovery in Ghana.
According to him, the World Bank is aware of the ongoing issues in obtaining COVID-19 vaccines and logistics as a result of global vaccination market constraints.
He went on to say that they will keep working to resolve the vaccine supply disparity that is affecting Ghana and other poor nations.
Sputnik V vaccines
Meanwhile, Ghana was included in an investigation study by Norwegian news websites for purchasing Sputnik V vaccines from the Russian Direct Investment Fund (RDIF).
It was purchased through certain businesspeople for an exorbitant unit cost that was nearly double the initial amount, according to the study. Instead of the initial purchase price of $10, the vaccines were purchased for $19.
The Ministry of Health in a statement explained that the vaccines were bought at that price for some peculiar reasons. Instead of the initial purchase price of $10, the vaccines were purchased for $19.