News
19 April 2021

World Bank agrees additional COVID financing to El Salvador and Honduras

In:
Social infrastructure
Region:
Americas

The World Bank has approved additional financing of $50 million for El Salvador and $20 million for Honduras to implement COVID-19 Emergency Response Projects. 

The financial resources will help El Salvador and Honduras purchase and deploy COVID-19 vaccines and strengthen the countries’ immunization and related health delivery systems.

The funds in El Salvador will help finance the procurement of vaccines and key deployment activities such as the purchase of medical supplies, personal protective equipment and vaccine cold-chains, and support communications, human resources, and information systems. The new loan expands the $20 million COVID-19 Emergency Response Project for El Salvador, approved by the World Bank in April 2020.

The additional financing in Honduras will provide resources to help the government purchase vaccines and strengthen health systems for a successful vaccine deployment. The credit will also support activities such as the procurement of supplies, contracting and training of human resources, upgrading vaccination monitoring and evaluation systems and communication efforts. The funds scale-up the $20 million COVID-19 Emergency Response Project in Honduras, approved in April 2020.

You might also like


Interview
07 May 2024

Shona Tatchell: EBRD's new head of trade facilitation on...

In her first interview since her appointment on 7 May, Shona Tatchell, the new head of trade and supply chain finance, European Bank for Reconstruction & Development (EBRD)...

Perspective
17 May 2024

Financing last-mile connections in Africa

Low-income household energy projects in Africa are increasingly being financed via securitisation structures. The deals are relatively small, but the impact could prove as...