World Bank approves $ 12 billion for covid-19 vaccines

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World Bank approves $ 12 billion for covid-19 vaccines


He world Bank announced that it approved a $ 12 billion aid plan to guarantee developing countries rapid access to vaccines against covid-19 when available.


It is not yet known how many volunteers Mexico will contribute to the Italian vaccine. (Feepik)


© Provided by Milenio
It is not yet known how many volunteers Mexico will contribute to the Italian vaccine. (Feepik)


This amount will be used to “finance the purchase and distribution of vaccines, tests and treatments of covid-19 for its citizens, “the World Bank said in a statement. This funding could make it possible to vaccinate” up to one billion people, “he added.

The World Bank intends to send “a signal to the pharmaceutical and research industry that citizens of developing countries must also have access to safe and effective vaccines against HIV. covid-19“.

The agency will provide technical support to developing countries in large-scale vaccine deployment, in coordination with international partners.

This financing is part of a World Bank Group aid package of up to $ 160 billion through June 2021, to help developing countries fight the global warming pandemic. covid-19added the Washington-based WB.

“Access to safe and effective vaccines and strengthened supply systems is critical to turning the tide of the pandemic and helping countries facing catastrophic economic and fiscal effects move towards recovery,” said the President of the World Bank, David Malpass, quoted in the statement.

This approval was expected, after Malpass revealed the project in late September.

The head of the bank considered at that time that a vaccine of covid-19 “Efficient and safe” is essential for the world to reopen safely.

Although the vaccines are not yet commercialized, he also pointed out in an interview with the French newspaper Le Figaro, the need to anticipate “because the process of distributing a vaccine is complex.”

He pointed to the World Bank’s “strong” experience in vaccination programs, with polio and measles, and in crisis management, such as Ebola.

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