Jordan: European Investment Bank supports healthcare sector

January 7, 2021
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The European Investment Bank (EIB), the lending arm of the European Union, and the Hashemite Kingdom of Jordan (HKJ) signed a USD 59 million loan agreement to support the country’s healthcare sector during the COVID-19 pandemic.

The Ministry of Health will use the EIB funds for the procurement of COVID-19 vaccines (once available) and the implementation of the vaccination campaign, and for other necessary medical supplies and equipment, personal protective equipment, ambulances and other medical vehicles.

The Bank’s funding will help implement the Government’s National COVID-19 Preparedness and Response Plan in order to limit the spread and mitigate the impact of the pandemic in the country. It comes in the framework of the NC COVID-19 public healthcare programme loan, which was approved by the EIB Board of Directors in June 2020.

Moreover, the operation is part of the EU’s Team Europe response to COVID-19, which seeks to combine resources from the EU, Member States, and financial institutions to support vulnerable partner countries in responding to the immediate health crisis.

 

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Press release

Jordan and the EIB

Economic Resilience Initiative

Countries covered:

  • Jordan