World Bank releases $34 million to Lebanon for vaccines

The World Bank approved $34 million in funds for Lebanon’s vaccination efforts. The bank reported it will reallocate the funds from Lebanon’s Health Resilience Project to enable the country ravaged by the coronavirus to purchase additional vaccines to reach more of its population. This is the first World Bank-financed operation to fund the procurement of COVID-19 vaccines. According to a statement from World Bank Group President David Malpass: “Fair, broad and fast access to COVID-19 vaccines is critical to protecting lives and supporting economic recovery.”