admin The World Bank has approved to give a whopping sum of $12 billion to the developing nations buy as well as distribute the vaccines to everyone who needs them. This vaccination is aimed to reach at the very least 1 billion people.
This is just one part of the total $160 billion being given to all developing nations to fight this pandemic, the World Bank said in a statement on Tuesday. They are still working to expand and extend this help to reach more and more people across the globe, in specific the developing nations so that even they have fair and equal access to the vaccines, said the World Bank’s President David Malpass. He also added that having access to safe and effective vaccines is the only way that this pandemic can be halted and help all those countries that are in the middle of an economic crisis bounce back again.
Researchers at this point are working on almost 170 vaccines that can be potentially used to fight against the virus. This vaccine has had a catastrophic impact on people and has left many people jobless. The rich and developed countries have already made sure of their access to these vaccines in the year 2021, therefore, it becomes absolutely important to help the other nations who do not have the economic capacity to get their entire country vaccinated.
This is an ambitious project based on equity to help all the poor nations and their people who are now unable to grapple with the consequences of this pandemic. The World Bank also added that it shall look in for expertise and experience from the campaigns that were involved in immunizing the world against various problems and all other health programs.
Not only vaccinations, but this fund is also aimed to help people have access to tests and treatments. This fund shall also be used to support the management of supply chains and all other logistics involved for vaccinations for poor and developing countries that are found across the globe.
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