Business news from Ukraine

UKRAINE ALLOCATES EXTRA UAH 6.5 BLN TO BUY VACCINES

16 April , 2021  

The Cabinet of Ministers of Ukraine has allocated an additional UAH 6.5 billion for the purchase of vaccines against COVID-19, the Ministry of Finance said.
“On April 14, a government resolution was adopted on an additional direction from the state budget of funds in the amount of UAH 6.5 billion for the purchase of vaccines against acute respiratory disease COVID-19. This decision was agreed on the same day by the Verkhovna Rada budget committee,” the statement said.
As the ministry noted, taking into account the corresponding expenses in the past year, the total amount of state budget expenditures for the purchase of vaccines is UAH 11.4 billion.
The Ministry of Finance also indicated that it is planned to vaccinate 24 million people, or 70% of the adult population, by the end of 2021. However, this requires almost 6 million vaccinations every month from May to the end of the year (on average, over 250,000 vaccinations per day), which the Ministry of Finance considers a challenge for the Ministry of Health in the context of timely procurement and delivery to Ukraine, as well as organization of vaccination.
“For this, it is necessary to ensure the receipt of almost 48 million doses of vaccines, taking into account 8 million doses that should be received free of charge under the COVAX mechanism,” the ministry said.

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