Observer Report
Islamabad
Pakistan has decided to contact the World Bank (WB) for Covid-19 vaccine funding and will seek $153m from them for advance purchases of the vaccines.
The request will be formally made by the Economic Coordination Division, said the sources, reports a news channel.
In this context, the Health ministry has penned a letter to the Economic Coordination Division advising it to seek funds from the World Bank for advance purchases of the coronavirus vaccines.
The funds will be requested under Credit Funding Act 6590. The letter further said that initial talks have been done with the World Bank for the funds via video link. After the approval of the grant from the World Bank, Pakistan will purchase the Covid-19 vaccines in advance for its citizens, said the sources.
