Kathmandu, 14 August: Nepal is the second country globally to have completed agreements with GAVI to procure 4 million doses of Moderna vaccines, financed by the World Bank, through the Covax cost-share option. This will diversify and strengthen the country’s Covid-19 vaccine portfolio. “Nepal is an early mover in utilizing the Covax cost-share scheme, and I am pleased to note that we have finalized an arrangement, despite very challenging circumstances, to bring safe and highly effective vaccines to Nepal,” said Umesh Shrestha, Minister of State for Health and Population. “Modern vaccines have helped expand options for vaccinating Nepalis above 12 years of age and fast-track Nepal’s progress towards a safer post-Covid world.” Delivery of these vaccines is expected to start by March 2022 and will contribute to Nepal’s goal to vaccinate at least 72 percent of its population, as well as children 12-17 years of age for whom the Moderna vaccine is deemed safe and effective. “We are honored to support the people and Government of Nepal, along with our development partners, by financing the purchase of safe and effective vaccines through the Covax facility,” said Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka. “This is a key element of our overall COVID response by helping to meet emergency health needs and strengthening the healthcare and vaccine delivery system. The World Bank has made available $104 million to support the Government of Nepal’s health response to the pandemic, with $67.5 million earmarked to purchase and deploy Covid-19 vaccines. Last month, 1,000 oxygen concentrators were brought in through the project while seven oxygen generation plants are being established, one in each province. These will help strengthen health preparedness in the event of future waves of the pandemic. People's News Monitoring Service