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Coronavirus: World Bank approves $12 billion for developing countries to buy vaccines

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The World Bank said Tuesday that it approved $12 billion for developing countries to finance the purchase and distribution of coronavirus vaccines, tests and treatments.

The financing, aimed at supporting vaccination of up to a billion people, “is part of an overall World Bank Group (WBG) package of up to $160 billion through June 2021 to help developing countries fight the COVID-19 pandemic,” the bank said in a statement.

– Developing

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Last Update: Wednesday, 14 October 2020 KSA 02:17 – GMT 23:17