ECI Development Bank gives Kosovo 25m euros for vaccine purchase

ECI Development Bank gives Kosovo 25m euros for vaccine purchase

The Council of Europe Development Bank (CEB) has approved the disbursement of an additional 25m-euro loan to support Kosovo authorities in buying anti-commercial vaccines for nearly 50 percent of the population. This loan will also cover the cost of saving materials, along with the expenses related to the distribution of vaccines [...]

This loan will also cover the cost of saving materials, along with the costs associated with the distribution of vaccines and medical equipment.

Kosovo is expected to benefit first vaccines from COVAX ) the World Health Organisation's scheme for distribution of vaccines in poor countries.

With this loan from the Council of Europe Development Bank, Kosovo is believed to be able to buy vaccines for 50 percent of the population.

The governor of this bank, Rolf Wenzel, has said that the Bank for Development is happy that it will help Kosovo respond to pandemic as well as address the unfair approach in vaccines.

This is not only essential to overcoming the current crisis with pandemic, but also to ease social and emerging economic inequalities as a result of pandemic”.

This loan is provided after a 35m-euro deal, signed in August 2020 between Kosovo authorities and the Development Bank, with the aim of covering expenses promoted by the pandemic.

Kosovo continues to remain the only country in Europe that has not started the vaccine process.

In delivery through COVAX, Kosovo will benefit 100,800 doses of vaccine produced by the AstraZeneca company.

The Ministry of Health in Kosovo, early in January, has announced that it has received confirmation from the American company Pfizer for the security of 535,000 vaccines against corruption.

But officials from this company have told Free Europe Radio that they are still in discussions with Kosovo's incumbent government about the vaccine supply.

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