The call of World Bank

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The impacts of covid 19 can be seen everywhere but they are more evident in less developed Nations. Asia currently tackling with the same impacts amid coronavirus. In any such situation it is difficult to provide people covid 19 vaccine.  Recently World Bank has announced financing for Afghanistan, Bangladesh and Nepal to vaccinate their populations against COVID-19. According to the issued statement by world bank, Afghanistan will receive $113m – including $60m from the International Development Association (IDA), part of the Washington-based development lender that helps the world’s poorest nations  in order to deploy safe and effective COVID-19 vaccines. World Bank Country Director for Afghanistan Henry Kerali revealed that, “The World Bank has worked closely with the Afghan government and development partners to respond effectively to COVID-19, improve testing and treatment, and strengthen the country’s health system, ”This additional financing is a major step forward to provide timely and equitable access to vaccines to millions of Afghans.” He added. It is also pertinent to mention that  the announced  funding package is aimed at vaccinating 17 percent of Afghans and helping the country recover from the pandemic whereas through the IDA, the World Bank also approved $500m in Bangladesh and $75m for Nepal. The statement by world bank further added that, “In addition to financing, the Bank is providing technical assistance and knowledge-sharing workshops for countries in South Asia on different aspects of designing and deploying fair and equitable vaccine strategies,”. As it is understood that Afghanistan, Bangladesh and Nepal are among Asia’s poorest nations by gross domestic product (GDP) per capita. There was need to introduce such initiative which will enable the citizens of these countries to get them vaccinated.  World Bank had already  provided $12bn for developing countries to procure and distribute COVID-19 vaccines, tests and treatments. This announcement will further augment the efforts by world bank to provide assistance to poor Nations and ease them so to continue their support in order to defeat covid19.

 

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