Parliament has approved a US$ 200 million loan agreement for the financing of the COVID-19 Emergency Preparedness and Response Project.
The facility is to enable the rolling out of a mass vaccination programme in the country.
This action became expedient once the number of individuals who had received the first dose of the COVID-19 vaccine are yet to receive the second dose.
Presenting the Finance Committee’s report at the plenary, Financing agreement between the Government and the International Development Association on the Floor of Parliament on Tuesday, July 6, 2021, the Committee Chairman, Kwaku Agyeman Kwarteng disclosed that, the facility will be used to purchase COVID-19 vaccines to help save lives of Ghanaian citizens.
According to him, the pressing need to activate a robust COVID-19 vaccination programme as well as strengthen the health system in the country has necessitated the need for this additional financing.
“This is within the context that the number of individuals who had received the first dose of the COVID-19 vaccination in Ghana as of March 2021 is estimated at 475,000 out of the target 17.5 Million people,” he explained.