COVID-19: World Bank provides USD 80 mn to Sri Lanka for vaccines

14 May 2021 05:08 pm - 16 - {{hitsCtrl.values.hits}}

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The World Bank on Thursday announced a USD 80.5 million credit for Sri Lanka to help it purchase vaccines for fighting the COVID-19 pandemic.

The Washington-based global financial institution said that the new financing will help purchase vaccines to cover approximately 4 million people.

In addition, it will cover the costs of deploying safe and effective vaccines to 20 per cent of Sri Lanka’s population to meet the target of vaccinating at least 60 per cent of its population, the World Bank said in a statement.

“Sri Lanka has demonstrated resilience in the implementation of its test, trace and treat pandemic management strategy, which has relied on its well-established public healthcare system,” said Faris Hadad-Zervos, World Bank Country Director for the Maldives, Nepal and Sri Lanka.

“To recover from the pandemic-induced impacts, Sri Lanka needs sustainable financing mechanisms to further strengthen and equip its healthcare system to protect its population through improved vaccination programmes and curative and preventive healthcare,” the official said.

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Comments - 16

Siribiris Friday, 14 May 2021 05:29 PM

Instead of giving money would have givven VACCINES . Major portion will go into the pockets of that one's friends .

kukula Friday, 14 May 2021 05:38 PM

I thought SLPP government is opposed to borrowing or obtaining credit from the WB. But now why the change of policy?

muthutantri fernando Friday, 14 May 2021 05:51 PM

why do we need? president is holding 1.3 billion rupees according to media release. use that pls

Loanpayer Friday, 14 May 2021 06:14 PM

We are getting loans faster than superman speeding the bullet!!! In the last few weeks we have got close to USD 1500 million loan. Only hope is there that it get spent for what it was obtained!!! Or if not it's like putting water in a buket with a hole or holes!!!

Yoga Jega Friday, 14 May 2021 06:23 PM

Mr. 10 percent would be back soon

Shehan Friday, 14 May 2021 06:24 PM

Hopefully all money will utilized for the medicine this time.

Peacemaker Friday, 14 May 2021 06:37 PM

Gota and henchmen will loot the money and run away to the US

Miflah Friday, 14 May 2021 06:39 PM

Don’t be fools government, order Pfizer then complete vaccine. Don’t try to wash over sinopharm

judge Friday, 14 May 2021 06:40 PM

Question is where will the LKR 15.5 b end up?

DDT Friday, 14 May 2021 06:49 PM

Okay!!! Herein-after no more CORONA patients would be detected in Sri Lanka. Mission completed

Em Friday, 14 May 2021 07:51 PM

Which part of the country did you sell in return?

Dignified citizen Friday, 14 May 2021 09:08 PM

At least start now working urgently to get the vaccines in need for the country citizens instead of bull shitting on road highway construction in the name of fake development. Double failed . Gentlemen doors are open for exist to leave the way for suitable to take in charge.

NANDE Saturday, 15 May 2021 09:30 AM

THATS A LOT OF MONEY. WILL THE GOVT SPEND IT ON VACCINES OR FOR OTHER PURPOSES LIKE CHOPPERS ETC

Mithula Saturday, 15 May 2021 09:43 AM

Hope this won’t be credited into the Rajapaksa family account!

Siri Saturday, 15 May 2021 02:31 PM

Firstly, WB should have part funded the issue of vaccines than offering loans. Secondly, how and why did WB issue a loan to a client with seriously bad credit with about 90% of its GDP already tied to debt repayment?

Hamid Saturday, 15 May 2021 07:11 PM

Most scribs here indicated there fear, that loan money or part of it,will channel to someone 's personal account,like Srilankan airline $2million flew toS'pore

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COVID-19: World Bank provides USD 80 mn to Sri Lanka for vaccines

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