News Formal

World Bank to finance extra Covid-19 jabs for poorer nations

  • 📰 IOL
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

A new financing mechanism by the World Bank will allow developing countries to purchase Covid-19 vaccines through the Covax facility.

Countries should also have some flexibility in selecting to buy particular vaccines that align with their preferences.

The financing mechanism “will allow Covax to unlock additional doses for low- and middle-income countries” Gavi chief executive Seth Berkley said in a statement. Nearly 3.9 billion doses of Covid-19 vaccines have been injected around the world in at least 216 territories, according to an AFP count.

 

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

 /  🏆 46. 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.

World Bank to finance extra Covid jabs for poorer nationsThe new mechanism will allow those countries to buy additional doses on top of the subsidised ones they will already receive via Covax.
Source: TheCitizen_News - 🏆 6. / 75 Read more »