For the next five-year Emergency Polio Eradication Program, the Government of Pakistan will receive $761 million in loans and grants from the Islamic Development Bank (IDB) and the Global Polio Eradication Initiative (GPEI).
According to official papers, the five-year (2022-26) Emergency Plan for Polio Eradication would be supported by international money from GPEI donors and partner organizations, as well as government of Pakistan financing through an IDB loan.
Punjab, Sindh, Balochistan, KPK, Azad Jammu Kashmir, Gilgit-Baltistan, and the Islamabad Capital Territory will all participate in the initiative.
The third revised PC-I, approved by Pakistan’s Planning Commission, is a five-year extension of the existing PC-I, in line with the current National Emergency Action Plan (NEAP) for Polio Eradication 2021-23 and the GPEI strategy 2022-2026, with a focus on eliminating the Wild Polio Virus and cVDPV2 across the country and achieving post-polio certification.
The third amended PC-I of the five-year Emergency Polio Eradication Program costs $798.67 million in total, with $761.17 million in funding required for the next five years (January 2022-December 2026), with $37 million available from the previous PC-I.
The loan element is proposing $192.5 million of the total anticipated cost of $798.67 million, while the grant portion is proposing $606 million.
The program has carried forward $37.5 million in loan savings from the second revised PC-1 (2019-2021), and the remaining $155 million will be obtained from the IDB.
The program will ask the Economic Affairs Division to collect $155 million from the IDB for this purpose, as is customary.
The GPEI’s partners have built a Financial Resource Requirement (FFR) mechanism for the grant portion, which will aggregate all produced money by component for the World Health Organization (WHO) and the United Nations International Children’s Emergency Fund (UNICEF) to deal with them directly.
The GPEI has been asked to produce the remaining $606 million of the total anticipated cost of $798 million over a five-year period (2022-26).
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