We gave Ghana $430million not $100million to fight Covid.
-World Bank Country Director reveal(Pierre Frank Laporte)
The World Bank has given the government of Ghana $430 million to battle the Covid-19 outbreak, according to World Bank Country Director Pierre Frank Laporte.
According to him, the funds were first used to fund different efforts aimed at informing and educating Ghanaians about the Covid-19 and its safety precautions.
He went on to say that the World Bank has also contributed an additional $130 million for the acquisition of vaccinations.
While aggressively supporting Ghana’s Covid-19 struggle, the World Bank also put in place a number of measures to help the country’s economy stay afloat.
These initiatives, according to Pierre Frank Laporte, are aimed at Small and Medium Enterprises (SMEs), who are the backbone of Ghana’s economy.
According to him, the Bank has expedited the distribution of initiatives such as the Ghana Economic Transformation Projects, which are aimed at SMEs in particular.
“Before Covid, the tourism initiative was suffering from other factors. “The Minister has done an outstanding job in advancing these efforts and assisting many small enterprises,” he added.
He went on to say that the World Bank was speeding up the disbursement of its social protection programme and had approved an additional $100 million in funding.
“A lot of things are happening right now.” We’re hopeful that the Development Bank and Development Finance will also provide resources for small firms, as we’ve accomplished a lot,” he remarked.
Meanwhile, Pierre Laporte has stated that Ghana may get an additional $60 million to aid in the fight against Covid-19.
“You see, the Omicron variety has reminded us of something: we should never expect Covid to just vanish.” It may or may not go away. We’re currently negotiating a new round of support for Covid.
“If all goes according to plan, it should be accessible in early March.” We’re looking at $60 million, of which $20 million will go into more vaccinations and $40 million would go toward more treatment centers,” he stated.