WORLD BANK COUNTRY DIRECTOR OF THE WORLD BANK SAYS THEY ARE SATISFIED WITH EXPENDITURE OF $430M FOR COVID FIGHT

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Pierre Frank Laporte, the World Bank’s Country Director for Ghana, Liberia, and Sierra Leone says the Bretton Woods institution is satisfied with the way the government spent the $430 million COVID-19 support from them, adding that the expenditure was in line with procurement requirements.

Mr. Laporte said each and every dollar that was spent was duly accounted for and continued that the audit they did pointed out only negligible inconsistencies, and there were some documentations that needed to be followed, however, by and large, they were satisfied that resources were spent in line with the procurement requirements that existed.

He intimated that the funds for COVID were not spent entirely. He said some of the money was spent on things of immediate needs, construction and procurement of equipment, and they do not feel that the resources have not been properly spent.

The World Bank provided the $430 million for communication and sensitization campaigns, equipping labs and new facilities to receive patients, among others. An additional $130 million was for the purchase of vaccines.

The opposition has accused the Government in recent times of mismanaging COVID-19 funds provided by the World Bank to fight the pandemic.