World Bank pledges $ 195 million to support health sector in Ethiopia

Date:

Share post:

The World Bank has provided $ 195 million to support the health sector in Ethiopia and to provide CV-19 vaccine to its citizens.

Funding will also support Ethiopia’s efforts to make CV-19 vaccines available nationwide and rehabilitate conflict-affected public health facilities.

In addition to helping the underprivileged health system in Ethiopia, the current funding will help increase the coverage of CVD-19 vaccine below 30 percent and reduce the spread of CVD-19 by expanding immunization activities across the country, said Osman Dion, Director of the World Bank in Ethiopia.

In terms of maternal and child health, access to nutrition and other key services, the funding will contribute to the delivery of conflict-affected rural areas and vulnerable communities, as well as Ethiopia’s health system.

In addition, the support will be used by Ethiopia to purchase CVD-19 vaccine, supply hospital inpatient unit (ICU) equipment, improve the treatment of patients with CVD-19 and other diseases, and train community health professionals.

According to the Ministry of Finance, the grant will support Ethiopia’s efforts to deliver CV-19 vaccine to 60 percent by the end of 2023.

An additional $ 195 million has been provided by the World Bank, which has provided $ 495 million in financial assistance to Ethiopia.

 

Addis Insight
Addis Insighthttps://addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.
spot_img

Related articles

Former Athlete Sileshi Sihine Elected President of Ethiopian Athletics Federation

At the 28th General Assembly of the Ethiopian Athletics Federation, a pivotal election was held to determine the...

French President Macron Arrives in Ethiopia

French President Emmanuel Macron has arrived in Addis Ababa, Ethiopia, moments ago on an official working visit. Upon his...

World Bank Approves $700 Million Boost for Ethiopia’s Financial Sector

WASHINGTON, December 19, 2024 – Ethiopia’s financial system is set to receive a transformative boost following the World...

Amhara Bank Urges Local Banks to Merge Amid Foreign Banks’ Entry

On December 18, 2024, Ethiopia's parliament ratified a landmark banking proclamation allowing foreign banks to operate within the...