World Bank chief says $12 bln in vaccine funds available, need to speed supplies


Article content

WASHINGTON — The World Bank now has $12 billion in COVID-19 vaccine financing available and will have approved vaccination financing operations in over 50 countries by the end of June, the development lender’s president, David Malpass, said on Tuesday.

Malpass told a joint news conference with the World Health Organization, the International Monetary Fund and the World Trade Organization that it was “vital that we speed up the supply chain for vaccine distribution,” including shortening the manufacturing time, approvals and allocations of doses that have already been produced. (Reporting by David Lawder)



Source link

Latest

Share price ‘pop’ in US IPOs falls by half

Investors are no longer falling over themselves to put money into US initial public offerings, reducing the chances that a company will be...

Factors To Consider While Choose An Axe-throwing Venue

Ax-throwing bars are establishments that are growing in popularity. They pair alcohol with gentle hurling deadly ax at a target board. Chunking a hatchet...

US charges Jho Low and ex-Fugee with 1MDB back-channel lobbying

The US has charged a Malaysian financier and a former member of the hip hop trio Fugees with back-channel lobbying to drop a...

South Korea seizes crypto assets from wealthy tax dodgers

A television host and a doctor are among thousands of wealthy South Koreans whose cryptocurrency has been seized in a tax sting, as...