World Bank approves $12B to finance virus vaccines, care

  • 📰 AP
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The World Bank says it has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests and treatments.

FILE - In this Aug. 14, 2020, file photo, a street sweeper checks his mobile phone as he takes a break near a coronavirus-themed mural in Jakarta, Indonesia. The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and treatments, aiming to support the vaccination of up to 1 billion people, the bank said in a statement late Tuesday, Oct. 13, 2020.

The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and treatments, aiming to support the vaccination of up to 1 billion people. “Access to safe and effective vaccines and strengthened delivery systems is key to alter the course of the pandemic and help countries experiencing catastrophic economic and fiscal impacts move toward a resilient recovery,” he said.

Development and deployment of vaccines is crucial to helping stem outbreaks of the coronavirus that has killed more than 1 million people and sickened more than 38 million, while devastating economies and leaving many millions jobless.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Which ones because in Africa we don't need to do anything about Covid-19, disappearing

Billie's on the way to his bank

The developing world doesn’t want to go anywhere near your eugenics program. Therapeutics yes, dangerous rushed RNA vaccines NO!

New names for using humans for tests, like the Nazis. Now they pretend to use the exploited to try their experiments and they are selling this as another humanitarian aid (wars included)

You silly twats. Even the world bank doesn’t use the term “developing countries” anymore thanks to Lectures from the late Hans Roslin for over 17years. Countries are now level 1-4

Wow - and all this time they could have been ending hunger - SMH - crazy how fast they get funding to stab people with needles. SMH

The developing countries will still use the loan from World Bank to give to the same country China that infected the world. China should pay for the developing nations vaccines.

BigPharma shareholders and COVID stakeholders smile.

Free enterprise exchange or free commodity order

China is still listed as a developing country, so are they saying that China will get this money too?

Why did they not find that for food?

Good. The pandemic isn't over for anyone until it is over for everyone. COVID19 COVAX

Can I borrow $40, please

Poco.

Talk about wealth inequality.

Lebron didn’t deserve to win. Carried by AD.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What to Expect for Bank Earnings: A Bad Quarter, but Not as Bad as BeforeThe U.S. economy is settling in for a lengthy recovery. Earnings from the largest banks are expected to make that clear. Click to join and discuss your local economy with neighbors! Clarity is Subordinate to the Narrative.
Source: WSJ - 🏆 98. / 63 Read more »