Parliament approves $200M World Bank loan to buy vaccines

Parliament of Ghana has approved a $200milion World Bank loan to buy covid-19 vaccines.

The amount which was approved on Tuesday July 6 will also be used to cater for other activities to strengthen the health system.

A report by the Finance Committee indicated that out of the 200million, $137.15million will be spent specifically on vaccine procurement.

Portions of the report read “The committee was informed that each dose of the vaccine is estimated to cost US$10.55.”

The report added that, “this financing would provide improved access to affordable and equitable Covid-19 vaccines, strengthen the system for effective deployment as well as enhance preparedness and response to the Ghana Covid-19 strategic preparedness and response programme.”

The Minority Leader Haruna Iddrisu indicated that the terms of the loan are generally good however he expressed dissatisfaction that it focuses only ten regions .

“Generally, the terms of the loan are good, but I am dissatisfied that it is only focusing on ten out of the 16 regions we have in Ghana, and my wish is to stand it down for the Ministers for Finance and Health to come and give us an indication how this will cover the six additional regions,” he said.

By Laud Nartey||Ghana

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