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UNAIDS warns of possible HIV drug shortages within two months

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The Joint United Nations Programme on HIV/AIDS (UNAIDS) warned yesterday that stocks of medication for HIV patients could run out in the next two months because of higher costs linked to lockdowns and the novel coronavirus-related border closures.

UNAIDS, in a call to countries and manufacturers to take pre-emptive action now, said that both the production of generic antiretroviral drugs and their distribution are threatened.

Millions of people could be at risk – particularly in developing countries – if they go without treatment, both to themselves and others from an increased chance of HIV transmission, according to the UN agency.

“It is vital that countries must urgently make plans now to mitigate the possibility and impacts of higher costs and reduced availability of antiretroviral medicines,” said UNAIDS executive director, Winnie Byanyima.

“I call on countries and buyers of HIV medicines to act swiftly in order to ensure that everyone who is currently on treatment continues to be on it, saving lives and stopping new HIV infections,” Byanyima added.

UNAIDS also cited forecasting models that indicated that a six-month disruption of antiretroviral therapy in sub-Saharan Africa alone could lead to 500,000 additional AIDS-related deaths.

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The Caribbean has the second highest prevalence HIV rate in the world after sub-Saharan Africa, with an estimated adult prevalence rate of one per cent and approximately 250,000 people living with HIV. UNAIDS said several factors linked to the pandemic risk are pushing up the cost of producing HIV medicine. These include increased manufacturing and transport costs, the need to find new sources of key pharmaceutical ingredients, and currency fluctuations caused by the economic shock of COVID-19.

UNAIDS said that a 10–25 per cent increase in these costs could make the final cost of exported antiretroviral medicines from India alone between US$100 and US$225 million a year more expensive than before.

The Asian nation is a key player in the production of HIV drugs, with eight manufacturers there together accounting for more than 80 per of generic antiretroviral medicine production worldwide.

“Considering that in 2018 there was an HIV financing shortfall of more than $7 billion, the world cannot afford an added burden on investments in the AIDS response,” UNAIDS said, adding that to counter this, it is working with partners to mitigate the impact.

“Immediate funding” of up to US$1 billion has been pledged by the Global Fund to Fight AIDS, Tuberculosis, and Malaria to help countries to respond to COVID-19, UNAIDS said, while the fund is also expanding the use of its procurement platform to non-Global Fund recipients.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]