4.9 billion
Japanese Yen (JPY) loan from JICA to support polio eradication in Pakistan
through 2013
Karachi / TOKYO, 18
August 2011 – Ms. Sadako Ogata, President of the Japan International
Cooperation Agency (JICA), and Mr. Bill Gates, co-chair of the Bill &
Melinda Gates Foundation, today announced a strategic partnership to ensure
continued progress in the fight against polio. As the first step in this formal
partnership, Ms. Ogata and Mr. Gates also announced an innovative financing
agreement to support the polio campaign in Pakistan.
The announcement represents
a significant
contribution towards the goal of eradication of polio in Pakistan.
Based on the Global Polio Eradication Initiative’s (GPEI) current cost
estimates, this 4.9 billion JPY (approximately $65 million) ODA Loan[i] to the government of Pakistan will
help ensure that polio eradication activities in Pakistan are financed through
2013.
“This partnership comes at a
critical time for Pakistan and will help us achieve our shared goal of a
polio-free world,” said Gates. “Japan’s remarkable commitment will benefit
generations of children in Pakistan and throughout the world.”
Although polio has been
successfully reduced by 99 percent worldwide over the past 20 years, Pakistan
is one of four countries where polio transmission has never been stopped. A
recent report by GPEI’s Independent Monitoring Board commended
Pakistan’s heightened commitment to polio vaccination, yet with polio cases in
Pakistan on the rise, the report warned that the country “risks becoming the
last global outpost of this vicious disease, jeopardizing the global effort.”
At the launch of the National
Emergency Action Plan 2011 for Polio Eradication in January, Gates commended
the Pakistani government’s expressed commitment to eliminate polio and pledged
to work closely with officials there to ensure success. President Asif
Ali Zardari and Prime Minister Syed Yusaf Raza Gilani are leading the national
effort and working closely with the WHO, UNICEF and Rotary International to
ensure Pakistan meets the milestones set out in the National Emergency Plan
2011 for Polio Eradication.
Japan's ODA loan will provide
the country with funds for oral polio vaccine, immunization workers, and
vaccination activities across the country and along the Pakistan/Afghanistan
border. It will also involve working in partnership with stakeholders such as
the World Bank for co-financing as well as the United Nations Children's Fund
(UNICEF) for vaccine procurement and the World Health Organization (WHO) for
service delivery of the polio campaign.
Japan has been a long-standing
donor to polio eradication and has funded initiatives and broader immunization
in Pakistan since 1996. “We are delighted that JICA’s strong relationships with
partner countries and valuable experience implementing a wide range of critical
projects enable us to play a proactive role in harnessing innovation to benefit
global aid delivery through collaborations with emerging private donors,”
said Ms. Ogata. “We believe that JICA’s new Strategic Partnership with the
Gates Foundation reflects JICA’s interest in playing a leading and catalyzing
role in development issues.”
The loan is underpinned by an
innovative financing approach referred to as a “Loan Conversion”
mechanism. According to this model, the Gates Foundation will repay the
credit to JICA on behalf of the Pakistani government if the project is
successfully implemented. The aim of this mechanism is to support the
government of Pakistan’s commitment to polio eradication without imposing a
financial burden.
The Global Polio Eradication
Initiative is a public-private partnership led by national governments and
spearheaded by the World Health Organization (WHO), Rotary International,
UNICEF, and the US Centers for Disease Control and Prevention (CDC). Since
1988, more than 20 million volunteers have supported the Global Polio
Eradication Initiative in its goal to end polio worldwide.
The Japan International
Cooperation Agency (JICA) assists and supports developing countries as the
executing agency of Japanese Official Development Assistance (ODA). In
accordance with its vision of “Inclusive and Dynamic Development,” JICA
supports the resolution of issues of developing countries by using the most
suitable tools of various assistance methods, such as technical cooperation,
ODA loans and grant aid in an integrated manner.
Guided by the belief that
every life has equal value, the Bill & Melinda Gates Foundation works to
help all people lead healthy, productive lives. In developing countries, it
focuses on improving people’s health and giving them the chance to lift
themselves out of hunger and extreme poverty. In the United States, it seeks to
ensure that all people—especially those with the fewest resources—have access
to the opportunities they need to succeed in school and life. Based in Seattle,
Washington, the foundation is led by CEO Jeff Raikes and Co-chair William H.
Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.
For high resolution images and
broadcast quality footage, please visit http://www.gatesfoundation.org/press-room/Pages/news-market.aspx.
Bill & Melinda Gates Foundation
Phone: +1.206.709.3400
Email: media@gatesfoundation.org
Phone: +1.206.709.3400
Email: media@gatesfoundation.org
Japan International Cooperation Agency (JICA)
Emi Aizawa
Phone: 03-5226-9780
Email: Aizawa.Emi@jica.go.jp
Email: Aizawa.Emi@jica.go.jp
And
Asiatic PR Pakistan – 021-35837674, 35867576












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