IBRD to lend Belarus €90m to fight coronavirus aftermath
<p> MINSK, Jul 24 - PrimePress. The International Bank for Reconstruction and Development (IBRD) will provide Belarus €90 million in credit financing to combat the COVID-19 epidemic in the country. This is one of the provisions of the credit agreement between the IBRD and the Belarusian government, which was approved by the President of Belarus and formalized by ordinance #292 of July 23, 2020. </p> <p> </p> <p> The agreement provides for an IBRD loan of €90 million to Belarus’ Republican Scientific and Practical Centre for Medical Technology, Informatization, Healthcare Management and Economics. The funds will be used to purchase equipment for intensive care and resuscitation departments, equipment for the ambulance service, as well as 20 computerized tomographs, test systems for diagnosis of infection, personal protective equipment and medicines. </p> <p> </p> <p> In particular, for the intensive care and resuscitation departments they will purchase 460 lung ventilators, 350 anesthesia and respiratory apparatuses, 200 CPAP-therapy devices, 800 patient monitors, 30 mobile X-ray units, 22 units for substitutive renal therapy. </p> <p> </p> <p> They also plan to purchase 50 mobile intensive care unit, mobile lung ventilators, modular monitor defibrillators and transport boxes for the ambulance service. </p> <p> </p> <p> The ordinance defines the specifics of the special account to be opened with Belinvestbank for transferring the credit funds. Separate tax and customs preferences have been established for executors of the measures stipulated by the agreement, as well as the grounds for applying such preferences. </p> <p> </p> <p> “The agreement will make it possible to attract additional funds for a range of measures to prevent, diagnose and treat coronavirus infection, as well as to strengthen the material and technical base of healthcare institutions and improve the quality of medical care.” </p> <p> </p> <p> The IBRD is the main lending institution of the World Bank (WB). Cooperation between Belarus and the WB is currently based on the WB Group Partnership Strategy for 2018-2022, adopted in 2018. According to the Ministry of Economy of Belarus, over the entire period of cooperation from 1992 to 2019, WB’s total investment in the Belarusian economy amounted to over $1.7 billion. Currently, the WB investment portfolio in Belarus includes eight projects totalling $843.41 million. End </p>
2020-07-25
Primepress
IBRD to lend Belarus €90m to fight coronavirus aftermath
MINSK, Jul 24 - PrimePress. The International Bank for Reconstruction and Development (IBRD) will provide Belarus €90 million in credit financing to combat the COVID-19 epidemic in the country. This is one of the provisions of the credit agreement between the IBRD and the Belarusian government, which was approved by the President of Belarus and formalized by ordinance #292 of July 23, 2020.
The agreement provides for an IBRD loan of €90 million to Belarus’ Republican Scientific and Practical Centre for Medical Technology, Informatization, Healthcare Management and Economics. The funds will be used to purchase equipment for intensive care and resuscitation departments, equipment for the ambulance service, as well as 20 computerized tomographs, test systems for diagnosis of infection, personal protective equipment and medicines.
In particular, for the intensive care and resuscitation departments they will purchase 460 lung ventilators, 350 anesthesia and respiratory apparatuses, 200 CPAP-therapy devices, 800 patient monitors, 30 mobile X-ray units, 22 units for substitutive renal therapy.
They also plan to purchase 50 mobile intensive care unit, mobile lung ventilators, modular monitor defibrillators and transport boxes for the ambulance service.
The ordinance defines the specifics of the special account to be opened with Belinvestbank for transferring the credit funds. Separate tax and customs preferences have been established for executors of the measures stipulated by the agreement, as well as the grounds for applying such preferences.
“The agreement will make it possible to attract additional funds for a range of measures to prevent, diagnose and treat coronavirus infection, as well as to strengthen the material and technical base of healthcare institutions and improve the quality of medical care.”
The IBRD is the main lending institution of the World Bank (WB). Cooperation between Belarus and the WB is currently based on the WB Group Partnership Strategy for 2018-2022, adopted in 2018. According to the Ministry of Economy of Belarus, over the entire period of cooperation from 1992 to 2019, WB’s total investment in the Belarusian economy amounted to over $1.7 billion. Currently, the WB investment portfolio in Belarus includes eight projects totalling $843.41 million. End