ES / EN
- July 10, 2025 -
No Result
View All Result
OnCubaNews
  • World
  • Cuba
  • Cuba-USA
  • Opinion
    • Columns
    • Infographic
  • Culture
    • Billboard
  • Sports
  • Styles / Trends
  • Media
  • Special
  • Cuban Flavors
  • World
  • Cuba
  • Cuba-USA
  • Opinion
    • Columns
    • Infographic
  • Culture
    • Billboard
  • Sports
  • Styles / Trends
  • Media
  • Special
  • Cuban Flavors
OnCubaNews
ES / EN
Home Coronavirus

Cuba gets loan to produce 200 million COVID-19 vaccines

This is the first line of financing that the Central American Bank for Economic Integration grants to Cuba. It will be executed by the United Nations Development Program (UNDP).

by
  • EFE
    EFE
January 12, 2022
in Coronavirus, Cuba
0
Photo: @CIGBCuba/Twitter.

Photo: @CIGBCuba/Twitter.

The Central American Bank for Economic Integration (BCIE) granted a loan of 46.7 million dollars to Cuba for the production of 200 million COVID-19 vaccines, Cuban media reported this Tuesday.

This is the first line of financing that the BCIE grants to Cuba, an extraterritorial partner of this regional entity, and it will be executed by the United Nations Development Program (UNDP).

Agradecemos la confianza del Gobierno de Cuba en el @BCIE_Org en la lucha contra esta terrible enfermedad. https://t.co/JvwGbtyvdG

— Dante Mossi (@DanteMossi) January 10, 2022

“We are pleased with this first approval of the Republic of Cuba, which we hope will be the first of many. This particular operation will contribute to face the health crisis through the development of vaccines” and “will also contribute to the economic reactivation of the country,” BCIE Executive President Dante Mossi said in a statement.

The loan, of which no information on the financial conditions was given, seeks to “strengthen capacities in the development and production” of medicines, medical equipment and COVID-19 vaccines, of which Cuba has developed three that it is applying en masse to its population and even exporting, albeit to a limited extent.

The “specific objectives” include “achieving higher levels of economic productivity through the development of innovative products of great importance in the context of the COVID-19 pandemic,” the BCIE indicated.

Related Posts

Sandra Sotolongo, co-director of the “inSurGENTES” project, during an activity in the vegetable garden. Photo: Courtesy.

Insurgents, an open-air revolution

July 10, 2025
Private business on Infanta and 23rd Streets, in Vedado, Havana. Photo: AMD.

MSMEs barely growing and their slowdown hinders competition and economic dynamism

July 9, 2025
Entrance to San Juan Park, located east of Santiago.

San Juan Hill: heritage in the attic?

July 6, 2025
Headquarters of the Matanzas People’s Court, where the trial was held. Photo: Matanzas People’s Court/Facebook.

Prosecutor’s Office requests up to 9 years in prison for synthetic drug trafficking in Matanzas

June 30, 2025

Specifically, the aim is to take advantage of this financing to increase the production of “injectable antibiotics, parenteral solutions (serums), generic and biosimilar drugs, diagnostic kits, medical equipment and specific COVID-19 vaccines,” as well as the acquisition of supplies and medical protection material to prevent contagion.

Cuba and Iran alliance on COVID-19 vaccine

It also seeks the “modernization of technology” and “diversification to benefit the national health system and that of other countries in the region,” according to the BCIE.

The BCIE is a development bank founded by several Central American countries, although its partners also include Mexico, Colombia, Argentina and Spain, which seeks to promote economic integration and balanced economic and social development in the Central American region.

  • EFE
    EFE
Tags: Central American Bank for Economic Integration (BCIE)Cuban vaccine against COVID-19United Nations Development Program (UNDP)
Previous Post

To recover the sugar industry?

Next Post

Family Code, a guide for debate (IV)

EFE

EFE

Next Post
Photo: Kaloian

Family Code, a guide for debate (IV)

Omicron variant prevails in Cuba.

Cuba versus Omicron: advantages and disadvantages

Taking a sample for a PCR test in Brazil. Photo: EFE/Fabio Motta/Archive.

Cuba updates protocols for detection and preventive treatment of COVID-19

Leave a Reply Cancel reply

The conversation here is moderated according to OnCuba News discussion guidelines. Please read the Comment Policy before joining the discussion.

Your email address will not be published. Required fields are marked *

Most Read

  • Flags of Cuba and the United States, seen in perspective in Havana. Photo: Otmaro Rodríguez.

    Trump reinstates hard-line Cuba embargo as Havana condemns US measure as “criminal”

    29 shares
    Share 12 Tweet 7
  • Lester Lescay: “I left Cuba because I didn’t want to spend my youth there.”

    16 shares
    Share 6 Tweet 4
  • San Juan Hill: heritage in the attic?

    12 shares
    Share 5 Tweet 3
  • Los Palacios, land of Cuban rice harvested by Vietnamese

    11 shares
    Share 4 Tweet 3
  • A visit to what we were

    15 shares
    Share 6 Tweet 4

Most Commented

  • Photo: Kaloian.

    Private sector and tourism in Cuba. Why not?

    12 shares
    Share 5 Tweet 3
  • About us
  • Work with OnCuba
  • Terms of use
  • Privacy Policy
  • Moderation policy for comments
  • Contact us
  • Advertisement offers

OnCuba and the OnCuba logo are registered® trademarks of Fuego Enterprises, Inc., its subsidiaries or divisions.
OnCuba © by Fuego Enterprises, Inc. All Rights Reserved.

No Result
View All Result
  • World
  • Cuba
  • Cuba-USA
  • Opinion
    • Columns
    • Infographic
  • Culture
    • Billboard
  • Sports
  • Styles / Trends
  • Media
  • Special
  • Cuban Flavors

OnCuba and the OnCuba logo are registered® trademarks of Fuego Enterprises, Inc., its subsidiaries or divisions.
OnCuba © by Fuego Enterprises, Inc. All Rights Reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}