COVID-19 vaccines – A path for recovering human capital

The COVID-19 pandemic presents a global health emergency and an unprecedented Nigeria. Photo © Dominic Chavez The Global Financing Facility_0 (1) sizedeconomic crisis. In addition to the loss of life and productivity directly attributable to COVID-19, the pandemic poses risks to human capital through several other pathways,  key among which is the disruption in the provision of essential primary health, education, and community services. 

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World Bank Supports First COVID-19 Vaccine Rollout in Lebanon

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.

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