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COVID-19 Vaccine Updates

April 21, 2021

World Bank Provides $2 Billion in Approved Financing for COVID-19 Vaccine Rollout in Developing Countries

On Tuesday, the World Bank announced that it has provided $2 billion in approved financing for vaccine distribution, production, and expansion in developing countries. Afghanistan, Bangladesh, Cabo Verde, Cote d’Ivoire, Ecuador, El Salvador, Eswatini, Ethiopia, The Gambia, Honduras, Lebanon, Mongolia, Nepal, Philippines, Rwanda, Tajikistan, and Tunisia will use the funds to secure COVID-19 vaccine doses and finance their response to the pandemic. The World Bank said that the $2 billion financing “is part of the $12 billion envelope over 24 months for developing countries to acquire and deploy vaccines and strengthen their vaccination systems.”

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