The World Bank Board of Executive Directors on Tuesday, November 10, 2020, approved an additional credit of $130 million from the International Development Association (IDA) for the Ghana COVID-19 Emergency Preparedness and Response Project. The additional financing in the health sector will support the Government of Ghana to scale up its efforts to mitigate the resurgence of the COVID-19 pandemic and to safely reopen its economy.
“This additional funding is timely and critical to save lives and build resilient systems by further increasing capacity of surveillance, diagnosis, treatment with increased availability of intensive care unit beds and adopt new COVID-19 medications. These are integral efforts towards achieving Universal Health Coverage, which Ghana has committed as a priority,” said Pierre Laporte, The World Bank Country Director for Ghana, Liberia and Sierra Leone.
The project will strengthen the Government of Ghana’s efforts to prevent and contain the virus and to safely revive socio-economic activities in the country. It will also help prepare for future COVID-19 vaccine deployment.