EU To Provide Armenia with €51 Million In Aid, World Bank $3 Million To Fight COVID-19.

The European Union will provide the Republic of Armenia with €51 Million in Aid, The World Bank will also provide $3 Million in aid to assist in the fight against the Coronavirus, per the EU Office in Armenia & the World Bank Office in Armenia.
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“Particularly, €18 million new funds + €33 million redirected towards supplying medical devices and equipment, training for medical and laboratory staff, support to SMEs and business community, as well as social and humanitarian assistance to those affected by the coronavirus outbreak.
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In response to the rapid spread of the COVID-19 pandemic globally, and recently in Armenia, the World Bank is supporting the Government’s response to protect its people amid the coronavirus outbreak, the World Bank Office in Armenia told Armenpress.
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At the request of the Ministry of Health of Armenia, the World Bank has allocated $3 million to address the country’s urgent needs for equipment and supplies needed for the intensive care of people with a confirmed COVID-19 diagnosis. These funds are supporting the procurement of 50 artificial pulmonary ventilation (APV) devices worth $1.35 million under the ongoing Disease Prevention and Control Project (DPCP).
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“In these dramatic times the Bank stands ready to support the country’s response to help mitigate the impact of the pandemic,” said Sylvie Bossoutrot, World Bank Country Manager for Armenia. “I would like to recognize the unprecedented dedication of health professionals in Armenia to protect the people. I would also like to strongly encourage each citizen of Armenia to strictly abide by the requirements of these emergency times and observe social distancing and isolation measures aimed at minimizing the impact of the pandemic.”
Similar arrangements will be applied to purchase additional ventilators, as well as personal protective equipment to address immediate healthcare needs. In addition, the World Bank stands ready to reprogram parts of its active ongoing portfolio in Armenia to support the government’s response to COVID-19 in various areas.
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H/T ArmenPress