Washington: Japan will finance the second phase of polio eradication campaign in Pakistan with an amount of US$65 million through globally known Bill and Melanda Gates Foundation, officials said.
An agreement has been signed in this regard, Abdul Wajid Rana, Secretary Economic Affairs Division said after a meeting with vice president of Japan International Coopertion Agency. The new round of polio vaccination will begin soon.
The official explained that Bill and Melinda Gates Foundation have purchased the US$65 million soft loan from Japan. That loan will convert into a grant for Pakistan as it is the foundation that will pay off the loan.
The amount will be used in Pakistan through government channels including the Economic Affairs Division and a new division, which coordinates efforts between the federal and provincial governments on polio eradication.
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