Almost 75,000 masks and 56,000 protection coveralls arrive to the Kyrgyz Republic
The FPP2 Masks and protection coveralls, as part of a US$1million grant, were provided to the Kyrgyz Republic from the Pandemic Emergency Financing Facility (Insurance Window)
Bishkek, 17 September 2020 – 74,700 FPP2 Masks (170,200 USD) and 56,000 protection coveralls (448,600 USD) were delivered to the Ministry of Health of the Kyrgyz Republic on September 16, with the support of the World Bank and UNICEF. The remaining balance will be used by the Ministry of Health to receive other essential needs in the coming weeks, including 58,000 standard bootcovers and 58,000 pairs of gloves.
These masks and protection coveralls will be used by the Ministry of Health of the Kyrgyz Republic to support its ongoing efforts to respond to the pandemic affecting the country.
These supplies were financed through an insurance payout from the Pandemic Emergency Financing Facility, housed in the World Bank. The Facility was launched in 2016 to provide an additional source of financing to the eligible countries when they face cross-border, large-scale outbreaks. The Ministry of Health nominated UNICEF to implement the agreed activities on behalf of the Kyrgyz Republic using the US$1 million insurance payout.
The World Bank is also supporting the Ministry of Health of the Kyrgyz Republic through two COVID-19 related Projects. The Projects provide financing for essential medical inputs, equipment and medicines to hospitals and health facilities, laboratories, and border points.
UNICEF will continue supporting the Government of the Kyrgyz Republic in the response to the COVID-19 pandemic by providing essential supplies to support those working at the frontlines, as well as supporting the overall socioeconomic response measures to ensure that every child can develop and thrive.
Background for the Pandemic Emergency Financing Facility
The 2014 Ebola crisis in West Africa highlighted the difficulty in rapidly mobilizing funding from the international community to contain a pandemic outbreak. To address this challenge, the Pandemic Emergency Financing Facility (PEF) – housed at the World Bank – was launched in 2016 to provide an additional source of financing to the world’s poorest countries when they face cross-border, large-scale outbreaks. The PEF financing consists of funding provided by Australia, Germany, Japan, and the International Development Association. The PEF’s insurance coverage for its client countries was launched in 2017. The World Bank financed this coverage by issuing and selling catastrophe bonds to capital market investors and by executing insurance-linked swaps with insurance companies.
Available PEF funds
On April 16, 2020, due to the COVID-19 outbreak in low-income countries, all 3 conditions for payout from the Insurance Window of the PEF were met. The total amount of US$195.84 million was allocated to 64 eligible PEF countries based on population size and reported cases, with a minimum of US$1 million, and a maximum of US$15 million per country. $1 million was allocated to Kyrgyzstan.
Use of PEF Funds
The PEF funding may be used to finance activities and expenditures for the purpose of responding to the relevant infectious disease outbreak, using the respective Responding Agency or World Bank policies and procedures to determine eligibility and in line with the country’s preparedness and response plans.
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About the World Bank
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