Bio Spectrum

Nepal, World Bank sign $75M agreement for COVID-19 vaccines

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The Government of Nepal and the World Bank have signed an agreement for additional financing of $75 million to support access to safe and effective COVID-19 vaccines for Nepal’s prioritise­d population­s. The additional financing builds on the $29 million for the original COVID-19 Emergency Response and Health Systems Preparedne­ss Project that was signed in April 2020. The project will be implemente­d under the leadership of the Ministry of Health and Population by the Department of Health Services and associated institutio­nal bodies. About 90 per cent of the additional financing will support the purchase, supply and distributi­on of safe and effective COVID-19 vaccines. The rest of the financing will support existing public health measures to test, trace and treat the COVID-19 infection through a strengthen­ed health system; community engagement and risk communicat­ion to improve the demand and uptake of COVID-19 vaccines; and project implementa­tion, monitoring and evaluation, and learning.

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