ADB approves 95 mln USD loan to help Cambodia purchase COVID-19 vaccines

The Asian Development Bank (ADB) announced on February 15 that it has approved a loan worth 95 million USD for Cambodia to purchase COVID-19 vaccines from 2022 to 2023.
ADB approves 95 mln USD loan to help Cambodia purchase COVID-19 vaccines ảnh 1A person is getting vaccinated against COVID-19 in Phnom Penh, Cambodia. (Photo: Xinhua)
Phnom Penh (VNA) - The Asian Development Bank (ADB) announced onFebruary 15 that it has approved a loan worth 95 million USD for Cambodia topurchase COVID-19 vaccines from 2022 to 2023.

ADB's senior social sector specialist Rikard Elfving said thatthe project will help Cambodia save lives by reducing the number of severeCOVID-19 cases and accelerate its economic recovery from the pandemic.

ADB will also provide 1 million USD in technical assistanceto help Cambodia boost the effectiveness of logistics and supply managementsystems and reduce access barriers among women, girls, children, andhard-to-reach populations, he said.

In addition to the Asia Pacific Vaccine Access Facility(APVAX) loan, the Asian Infrastructure Investment Bank (AIIB) is expected toprovide co-financing of 50 million USD subject to approval of their Board ofDirectors.

To date, 13.8 million people in Cambodia, or 86.2 percent ofits population, have been fully vaccinated against COVID-19, according to theHealth Ministry.

Some 6.08 million people, or 38 percent, have received theirthird dose or booster shot and 665,492 people, or 4 percent, have taken theirfourth dose.

The ministry said that since the pandemic hit Cambodia in January2020, the country has confirmed a total of 124,139 COVID-19 cases, with 3,015deaths and 119,196 recoveries./.
VNA

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