International Monetary Fund calls for the fair distribution of Corona vaccines to all countries
The International Monetary Fund called for “strong” international cooperation to ensure the distribution of Corona vaccines when they become available equitably and to all countries, noting that vaccinating large numbers of people against the virus would increase global economic growth by 9 trillion dollars by 2025.
“This $ 9 trillion makes a big difference anywhere, whether in rich or poor countries, and this is especially important for developing countries,” AFP quoted fund-managing director Kristalina Georgieva as saying on the sidelines of the fund’s fall meetings.
The World Bank has recently announced that its board of directors approved a $ 12 billion aid plan to ensure that developing countries get Corona vaccines quickly when these vaccines become available.
President of the World Bank David Malpass stressed that obtaining safe and effective vaccines and enhanced distribution systems is necessary to change the trajectory of the pandemic and help countries facing catastrophic economic and financial impacts in order to move towards a resilient recovery.
To get the full transcript of the IMF’s Managing Director press conference click the following:
Inas Abdulkareem