The World Bank Board of Executive Directors has approved USD 50.7 million additional financing for the Mongolia COVID-19 Emergency Response and Health System Preparedness Project to enable affordable and equitable access to vaccines in the country.

The funding has been approved at a crucial juncture in the government’s response to COVID-19. Mongolia has taken strong measures to prevent and contain the COVID-19 outbreak since the beginning of 2020. Despite the relatively low number of cases in Mongolia, further community spread risks remain high. To reduce this risk, further preventive measures, supporting health system improvements, and providing access to COVID-19 vaccines are critical.