IDB Loan Pays for 33,000 Covid-19 Vaccines

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THE 33,600 Covid-19 vaccines from the COVAX facility is paid for by a loan from the Inter-American Development Bank (IDB).

Minister of Health Terrence Deyalsingh said the vaccines cost US$148,084 and was paid from a loan agreement programme with IDB.

He was speaking at a virtual press conference of the Ministry of Health on Thursday.

The minister said the vaccines were US$4.41 per dose which included insurance, shipping and other costs.

Deyalsingh said, “This was done through a loan agreement programme instituted in 2016” repurposed as a quick way to get the money to COVAX.




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