COVID-19 Vaccines: World Bank Approves $12bn For Developing Countries

The World Bank on Wednesday approved 12 billion dollars to help
developing countries buy COVID-19 vaccines and treatments.

In a statement on Tuesday, the bank said: “The World Bank’s
Board of Executive Directors today approved an envelope of 12
billion dollars for developing countries to finance the purchase
and distribution of COVID-19 vaccines, tests, and treatments for
their citizens. ”

The World Bank seeks to support the vaccination of up to a
billion people, the statement said.

The 12 billion dollars is part of the World Bank Group’s package
to provide up to 160 billion dollars through June 2021 to help more
than 100 countries.

The number of confirmed cases of the coronavirus disease
worldwide has surpassed 38 million, Johns Hopkins University
said.

The global tally currently stands at 38,041,143, with 1,084,888
deaths and 26,388,633 recoveries, the university said.

WHO declared the outbreak of the new coronavirus a pandemic on
March 11. Sputnik/NAN

The World Bank on Wednesday approved 12 billion dollars to help
developing countries buy COVID-19 vaccines and treatments.

In a statement on Tuesday, the bank said: “The World Bank’s
Board of Executive Directors today approved an envelope of 12
billion dollars for developing countries to finance the purchase
and distribution of COVID-19 vaccines, tests, and treatments for
their citizens. ”

The World Bank seeks to support the vaccination of up to a
billion people, the statement said.

The 12 billion dollars is part of the World Bank Group’s package
to provide up to 160 billion dollars through June 2021 to help more
than 100 countries.

The number of confirmed cases of the coronavirus disease
worldwide has surpassed 38 million, Johns Hopkins University
said.

The global tally currently stands at 38,041,143, with 1,084,888
deaths and 26,388,633 recoveries, the university said.

WHO declared the outbreak of the new coronavirus a pandemic on
March 11. Sputnik/NAN