US$34 million in emergency financing will provide access to vaccines for over 2 million people in Lebanon
BEIRUT, January 21, 2021 — The World Bank today approved a re-allocation of US$34 million under the existing Lebanon Health Resilience Project to support vaccines for Lebanon as it faces an unprecedented surge in COVID-19, with record-breaking numbers of around 5,500 daily confirmed cases since the beginning of the year. This is the first World Bank-financed operation to fund the procurement of COVID-19 vaccines. The financing will provide vaccines for over 2 million individuals. The vaccines are expected to arrive in Lebanon by early February 2021.
provide support to specific microfinance projects in Morocco. This program is composed by AS projects with leading MFIs, but also actions at the sectorial level. The STC will primarily work on, but not be limited to, assisting the IFC team to perform product review assessments in leading IMFs and to organize events for the microfinance sector.
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