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President Nana Addo Dankwa Akufo-Addo has announced Ghana's readiness to manufacture Coronavirus vaccines to protect the citizens against the pandemic disease.

The President, in his 27th update on COVID-19 on Wednesday, December 15, 2021, revealed that the government has secured a deal to ensuring that Ghana produces its own vaccines.

He stated that the government is expected to receive 20 million Euros from the European Investment Bank to be used to construct a National Vaccine Institute to aid in the production of the vaccines.

Speaking to Ghanaians, he said; ''We continue to make steady progress in our quest to manufacture vaccines domestically. Two days ago, on Monday, I was in Luxembourg where I held discussions with the President of the European Investment Bank, ...Werner Hoyer of Ghana's COVID-19 response plan, an 82.5 million Euro facility has been approved for Ghana by the bank to be used in the effort to strengthen healthcare delivery and the provision of specialist medical equipment and medicines across the country.

''The government is to set aside 20 million Euros of this to establish the National Vaccine Institute which will supervise the domestic production of COVID-19 and other vaccines led by the private sector and the business community.''