U.S. to release $4bn for vaccines to 92 poor countries
U.S. President Joe Biden will announce at the G7 gathering on Friday that the United States will release $4billion for an international initiative to supply Coronavirus (COVID-19) vaccines to poor countries, the White House said.
“The United States will provide an initial $ 2 billion contribution to Gavi, the Vaccine Alliance for the COVAX Advance Market Commitment, the innovative financing instrument of the COVAX Facility, which supports access to safe and effective vaccines for 92 low- and middle-income economies,” the White House said in a fact sheet released ahead of the virtual summit.
An additional $ 2 billion will be made available through 2022, dependent on donor pledges being fulfilled and initial vaccine doses delivered.
“We also call on our G7 and other partners to work alongside Gavi, to bring in billions more in resources to support global COVID-19 vaccination, and to target urgent vaccine manufacturing, supply, and delivery needs,” the White House said.
A bipartisan congressional vote appropriated the funds in December 2020.
Former U.S. President Donald Trump refused to participate in the COVAX initiative because of its ties to the World Health Organisation.
Trump withdrew the U.S. from the WHO after accusing it of covering up China’s culpability for the coronavirus pandemic.
(Sputnik /NAN)
More from Peoples Gazette
Uncategorized
Kwara shuts missionary schools over Hijab controversy
The ban on the use of Hijab in some missionary secondary schools in Kwara has dominated public discourse in the state lately.
Agriculture
Farmer bemoans delayed rainfall, warns of food scarcity
The farmer also appealed from a shift from the nation’s culture of rain-fed agriculture system to irrigation system.
Enugu
Petrol selling at N175 per litre in South-East: IPMAN
The IPMAN chairman said that the problem in the South-East was peculiar because there was no functional petroleum depot in the zone.
Health
Magufuli tells citizens to pray, says God testing them with COVID-19
“We should turn ourselves to God, and he will save us.”
World
Russia makes available 300m Sputnik V vaccine doses to Africa
Africa represents 3.5 percent of global infections, and the death rate is just approaching the 100,000 mark.
Africa
Gunfire erupts in Mogadishu as Somali forces seal off streets
“We returned at gunpoint. Turkish-made armoured vehicles and government forces blocked every road and alley.’’
