Polio

World Bank approves loan in new vaccine campaign

Published in TB and Outbreaks Week, May 20th, 2003

The World Bank has launched a new campaign to wipe out polio worldwide with the approval of an innovative $28 million loan to Nigeria to finance the purchase of polio vaccine.

The loan marks the first time that the World Bank's International Development Association, which extends interest-free loans to the world's poorest countries, has sought out private donors to repay the loans instead of poor countries, turning the loan into a grant.

The private money will be used to pay off the loans as long as the private nation is fulfilling the terms of the loans, said World Bank President James Wolfensohn.

He predicted that Pakistan will...

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Source: TB and Outbreaks Week (2003-05-20)

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