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:  

https://www.imf.org/en/News/Articles/2020/10/14/tr101420-transcript-of-imf-md-kristalina-georgieva-opening-press-conference-2020-annual-meetings

Inas Abdulkareem

You might also like
Latest news
United Nations condemns repeated Israeli escalation in Syria Emmanuel Macron:Trump's tariffs are a shock to international trade Will Syria Be Affected by Trump’s Decision of imposing Tariffs Qatar calls for urgent international action to stop repeated Israeli raids on Syria Prisoner exchange between the Internal Security Directorate in Aleppo and the SDF involves 250 priso... Syrian doctors in Germany launch campaign to perform hundreds of surgeries in six Syrian provinces Delegation of Syrian Jews in Washington meet with members of US Congress, call for lifting sanctions... Jordan and Egypt condemn the latest Israeli aggression on Syria Funeral of the martyrs in the Israeli aggression that targeted Nawa city in Daraa Jordan's King stresses need to support Syria's efforts to maintain its security and stability Trump's new tariffs affect Syria by 41% Fact-Finding Committee on Syrian Coast events: Detainees' testimonies should be documented Nine people martyred, several others wounded due to the Israeli bombardment of Daraa Foreign Ministry strongly condemns the latest wave of Israeli attacks on Syria A ship, carrying 147 heavy vehicles, arrives at Lattakia port to support Syria's transport sector Israeli occupation fires artillery shells on Tal al-Jumu' area in Daraa, makes incursion into Sad al... Lebanese Prime Minister Nawaf Salam congratulates Syrian President Ahmed Al-Sharaa on Eid Al-Fitr More than 14 Israeli airstrikes target Hama military airport and the Scientific Research Center in D... Anticipated meeting between Presidents al-Sharaa and Trump in Saudi Arabia next month Governor of Hama visits families in displacement camps in Syria's northern region on the occasion of...