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Home » World Bank Allocates $12 Billion for COVID-19 Vaccines in Developing World
World Bank Allocates $12 Billion for COVID-19 Vaccines in Developing World
The World Bank has approved $12 billion to help low-income countries combat COVID-19 and protect their citizens.
The financing, which aims to support vaccination of up to 1 billion people, is part of the global organization’s $160 billion plan allocated through June 2021 to promote coronavirus prevention and treatments.
The $12 billion will provide COVID-19 treatments and tests and assist with supply-chain and logistics management, such as implementing proper vaccine storage, hiring trained vaccinators and creating large-scale community outreach.
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