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TT gets US$20M from World Bank to Fight Covid-19

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TRINIDAD and Tobago is to receive US$20 million from the World Bank in its fight against Covid-19.

The bank’s country director for the Caribbean Tahseen Sayed said this new World Bank project will support TT’s response to Covid-19 that will focus on the health sector.

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In a statement on Wednesday, he said, “It will assist in providing critical medical supplies and equipment and will strengthen the capacity of the health sector.”

The bank stated that this project will help the government’s national Covid-19 preparedness and response plan that deals with identifying and treating patients to minimise the spread of the infection and severity of cases.

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The financing will support a number of matters including the procuring of key medical supplies needed for testing and diagnosis, inputs for infection prevention and control in health facilities and personal protective equipment for staff.

Minister of Finance Colm Imbert said that the government had estimated that it will spend about TT$6 billion in its Covid-19 response.

The government had also signed two loan agreements – with the Andean Development Bank for US$100 million and US$50 million for financial support for Covid-19.

 

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