World Bank board approves $12 billion for COVID-19 vaccines, treatments in developing countries

The financing plan, part of $160 billion in total resources that the multilateral development lender has pledged to provide to developing countries through June 2021 to help them fight the coronavirus pandemic, was first reported by Reuters in late September.

The World Bank said the financing program will include technical support to recipient countries so they can prepare for deploying vaccines at scale, and will signal to drug companies that there will be strong demand and ample financing for COVID-19 vaccines in developing countries.

Shipshipshipshipevoih👽👽

Peanuts!! $12B

There's a trick in this business

We need audit report of all those funds how it's spent..

As debt? So basically giving corporations ANOTHER £12 billions? How stupid are humans?

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The world economy will suffer from “long covid” tooThe IMF's latest forecasts say most large countries will suffer a severe downturn. And the recovery will be slow It's a really great time for an energy changeover. It would create a lot of jobs and solve our biggest problem Yes, I agree. Many people are suffering the loss of jobs, health, housing, food and more. We need to vote for decent and reasonable leadership. Mask up. = The IMF should vanish
Source: TheEconomist - 🏆 6. / 92 Read more »