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World Bank approves US$7.4 million funding for Fiji

World Bank approves US$7.4 million funding for Fiji

By Dhanjay Deo
Thursday 25/06/2020

The World Bank has approved funding of US$7.4 million to further support the government of Fiji to strengthen its health systems in the wake of the COVID-19 emergency.

It says with Fiji’s Prime Minister Vorerqe Bainimarama having declared Fiji COVID-19 free, the focus is now turning to efforts to provide longer-term health security for Fijians, and to the economic recovery phase.

This World Bank support will assist the Government of Fiji to strengthen its response to future infectious disease outbreaks like the current COVID-19 pandemic.

The project will also provide additional medical supplies including Personal Protective Equipment, intensive care unit beds and ventilators, as well as the installation of a medical incinerator that will serve three divisional hospitals in Fiji, including the CWM Hospital.

The World Bank’s US$7.4m commitment to Fiji is being delivered through a US$6.4m dedicated emergency health project through the International Development Association. This financing is provided on concessional terms under the Small Islands Economies Exception with 0% interest, a 10-year grace period and 40 years maturity.

The additional US$1 million grant will be drawn from the Pandemic Emergency Financing Facility.

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