Audio By Carbonatix
World Bank Country Director, Pierre Frank Laporte has revealed that the World Bank had provided the government of Ghana $430 million to fight the Covid-19 pandemic.
According to him, the money was initially directed at the various campaigns that sought to inform and educate Ghanaians on the Covid-19 and its safety protocols.
“We’ve provided $430 million to Ghana to fight Covid. And this includes different activities including initially the communication campaign, the sensitization campaign, equipping labs, equipping new facilities to receive patients, to treat patients,” he said on JoyNews’ PM Express, Thursday.
He added that the World Bank further provided an additional $130million purposely for the purchase of vaccines.
But while the World Bank was actively supporting Ghana’s Covid-19 fight, it also set into motion several projects to enable the country’s economy to stay afloat.
Pierre Frank Laporte noted that these projects were targeted at Small and Medium Enterprises (SMEs)which are the backbone of Ghana’s economy.
He stated that the Bank accelerated the disbursement of projects like the Ghana Economic Transformation projects which targeted SMEs in particular.
“The Tourism project that was suffering from other places before Covid. The Minister has done an excellent job in pushing these activities forward, helping a lot of small businesses,” he said.
He added that the World Bank was further accelerating the disbursement of its social protection project while approving $100 million more to support the project.
“So a lot of things are happening. We’re hoping that the Development Bank, the Development Finance will also get resources for small businesses so a lot happened that we’ve done,” he said.
Meanwhile, Pierre Laporte has revealed that Ghana could receive a further $60 million to help in its Covid-19 fight.
“You see the Omicron variant has reminded us of something that we should never think that Covid will just go away like that. It may go away, it may not. At this point in time, we’re discussing a further tranche of support for Covid.
“If all goes well it should be available early March. We’re looking at $60million dollars, which 20 will go directly for more vaccines and the 40 for additional treatment centres,” he said.
Latest Stories
-
GPL 2025/26: Asante Kotoko draw with GoldStars to extend winless run
2 hours -
Fire guts temporary wooden structures at Afful Nkwanta in the Ashanti Region
3 hours -
Haruna Iddrisu didn’t approve gender identity content – Education Ministry
3 hours -
‘We are not for sale’: Thousands rally in Greenland and Denmark against Trump’s annexation threat
3 hours -
Deputy Education Minister directs GES to act on video of SHS students displaying charms
4 hours -
From camouflage to tracksuits – Guinea’s junta leader becomes civilian president
4 hours -
Iran supreme leader admits thousands killed during recent protests
4 hours -
Judiciary to roll out court decongestion measures, galamsey courts – Chief Justice
5 hours -
Ugandan leader to extend 40-year rule after being declared winner of contested poll
6 hours -
Residents demand action on abandoned Salaga–Kumdi–Kpandai road
6 hours -
Ghana, Japan explore ways to deepen long-standing bilateral ties
6 hours -
Ghana Navy foils illegal fuel bunkering operation along Volta coastline
6 hours -
Gov’t assures minimal power disruption during WAPCo gas pipeline maintenance
7 hours -
Burna Boy and Sporty Group unveil new single “For Everybody” celebrating Africa’s sports heritage and cultural excellence
7 hours -
Achieve By Petra partners Richie Mensah to drive financial independence
7 hours
