Home LATEST NEWS COVID-19: World Bank grants Iran $ 90 million loan | Coronavirus

COVID-19: World Bank grants Iran $ 90 million loan | Coronavirus

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million dollars for Iran on the 21stDecember 2021 “,” text “:” The World Bank Board of Directors approved additional COVID-19 funding of $ 90million for Iran on December 21, 2021 “}}”>World Bank Board of Directors approved additional COVID-19 funding of $ 90 million for Iran on December 21, 2021, said this spokesperson, confirming press information.

She added that these funds will not be injected into the Iranian government budget, but used only for the purchase of essential and life-saving medical equipment to strengthen Iran’s response to the pandemic.

The distribution and installation of equipment will take place in health facilities approved by the World Bank and will be subject to independent monitoring and verification., detailed the spokesperson.

WHO in management

The disbursement of funds will also be managed by the World Health Organization (WHO), who reports to the World Bank on all implementation details of these operations, she added.

The World Bank recalls that an exceptional initial aid of $ 50 million was approved in May 2020 to deal with the health crisis.

Iran has been the epicenter of COVID-19 infections in the region.

Serious case wave anticipated

With the recent detection of the Omicron variant in the country, authorities increasingly fear a new wave of severe cases.

The pandemic has infected more than 6.2 million people and killed more than 131,800 in Iran, according to data from Johns Hopkins University, which also reports 55,174 cases and 1,278 deaths in 28 days.

World Bank support for Iran’s response to COVID-19 will help alleviate the current humanitarian crisis in the country as well as limit the spread of the disease beyond its borders, insisted the spokesperson for the financial institution.

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