Jacque Sarraf, head of the Lebanese Russian Business Council, and owner of a private pharmaceutical company speaks during an interview with The Associated Press at his home, in the northern Beirut suburb of Rabieh, Lebanon, Sunday, March 21, 2021. Lebanon’s private sector is stepping in to speed up the coronavirus vaccination campaign and hurry along the reopening of businesses, planning to import at least 1 million doses of Russia’s Sputnik vaccine. (AP Photo/Hassan Ammar)

BEIRUT (AP) — Lebanon’s private sector is stepping in to speed up the vaccination campaign against the coronavirus by importing at least 1 million doses of Russian vaccines, with the aim of reopening businesses struggling through an unprecedented economic crisis.

The first batch of 50,000 doses of Sputnik V vaccines arrived early Friday, making Lebanon one of few nations where the COVID-19 vaccine rollout is being boosted by the private sector.

Lebanon, a small nation of 6 million people, including around 1 million Syrian refugees, began its inoculation campaign in mid-February after finalizing a deal for some 2 million doses with Pfizer.

According to the Lebanese Health Ministry, the country has so far received 224,640 Pfizer-BioNTech doses over the past six weeks with around 175,000 doses already administered. Lebanon’s government also began receiving AstraZeneca vaccines this week, with 33,600 doses that arrived on Wednesday.

The Pfizer vaccines are funded by the World Bank while AstraZeneca vaccines will be provided under the U.N.-backed COVAX program.

Lebanon is currently in the grip of the worst economic and financial crisis in its modern history, exacerbated by lockdown measures related to the pandemic. Tens of thousands of people have lost their jobs and the local currency has lost 90% of its value against the dollar. That’s led to inflation and shortages of food products and medicines.

According to the World Bank, more than half the population is now living under the poverty line.

Jacques Sarraf, a Lebanese businessman and head of the Lebanese Russian Business Council, said he hopes the Russian vaccines help safely reopen businesses around the country.

“Our first target will be private companies, factories, banks — and this is important to reactivate institutions,” he told The Associated Press in an interview.

Sarraf, who played a major role in bringing the Sputnik V vaccines to Lebanon, said priority will be given for employees at companies and business institutions, including those of Lebanon’s national carrier Middle East Airlines and the Banking Association. With the private sector moving in, the numbers of people inoculated daily will multiply by more than three times compared with the current pace, he predicted.

Sarraf said the Sputnik V will be sold at a price of $38 for the required two doses, in addition to hospital fees. The minimum monthly salary in Lebanon is currently 675,000 Lebanese pounds, the equivalent of about $60.


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