Skip to content
Search

Latest Stories

World Bank rolls out vaccine funds for impoverished Asian nations

THE World Bank has announced financing for Afghanistan, Bangladesh and Nepal to vaccinate their populations against Covid-19.

Afghanistan will receive $113 million -- including $60 million from the International Development Association (IDA), part of the Washington-based development lender that helps the world's poorest nations -- to "deploy safe and effective Covid-19 vaccines," it said.


"The World Bank has worked closely with the Afghan government and development partners to respond effectively to Covid-19, improve testing and treatment, and strengthen the country's health system," World Bank country director for Afghanistan Henry Kerali said.

"This additional financing is a major step forward to provide timely and equitable access to vaccines to millions of Afghans."

The funding package is aimed at vaccinating 17 per cent of Afghans and helping the country recover from the pandemic, the lender said.

Via the IDA, the World Bank approved $500m in Bangladesh and $75m for Nepal.

"In addition to financing, the Bank is providing technical assistance and knowledge-sharing workshops for countries in South Asia on different aspects of designing and deploying fair and equitable vaccine strategies," the statement said.

Afghanistan, Bangladesh and Nepal are among Asia's poorest nations by GDP per capita.

In total, the World Bank had provided $12 billion for developing countries to procure and distribute Covid-19 vaccines, tests and treatments.

More For You

Rental insurance

Prime Minister Keir Starmer said the government is “putting that right” after years of insecurity in renting

iStock

Renters’ Rights Act kicks in across England: What changes for money, access and daily renting

  • Section 21 evictions are scrapped, ending sudden removals without reason.
  • Rent hikes capped, upfront payments limited and bidding wars banned.
  • New enforcement powers and fines of up to £40,000 come into force.

From May 1, renting in England is operating under a completely new rulebook. The Renters’ Rights Act has come into force, bringing what is being described as the biggest overhaul of tenant protections in nearly 40 years.

Around 11 million private renters are now covered under the new law. The changes are not limited to one area. They cut across evictions, rent increases, discrimination, contracts and even day-to-day living conditions, marking a structural shift in how the rental market functions.

Keep ReadingShow less