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  • Updated: May 27, 2022

World Bank Approves $500 Million For Turkey’s COVID-19 Effort

The World Bank said its board has approved $500 million in additional financing to back Turkey’s response to the health impacts of the Coronavirus pandemic.

The funds will be used to ensure access to safe and effective COVID-19 vaccines in Turkey and form part of expanded health response to the pandemic, the bank said in a Friday report.

The bank said an additional $250 million will be provided as co-financing from the Asian Infrastructure and Investment Bank (AIIB), adding that the project aims to help meet the cost of vaccine purchases.

Task Leader, Nadwa Rafeh in a statement said; “This project will allow the Government to refocus its financial capacities on activities and reforms that may have been adversely affected during the pandemic.

“The Government will be able to reinforce key reform activities currently underway, namely strengthening case management of non-communicable diseases through a network of healthy living centers and improving preparedness for public health threats and emergencies.”

Auguste Tano Kouame, World Bank Country Director for Turkey also said; “Turkey’s COVID-19 national vaccination program was swiftly deployed by the authorities and has been one of the most successful and inclusive vaccination programs in response to the pandemic.”

He added that with the project, the World Bank is very happy to be contributing to saving lives in Turkey.

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Quadri Adejumo
Quadri Adejumo

Quadri Adejumo is a reporter, sports column writer, opinion and profile writer. He tweets via @...

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