Home NEWS Coronavirus: U.S. Set to Release $4bn For Vaccines To Poor Countries

Coronavirus: U.S. Set to Release $4bn For Vaccines To Poor Countries

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The United State of America USA President Joe Biden will on Friday announce that the United States will disburse $4billion for an international initiative to supply Coronavirus (COVID-19) vaccines to poor countries.

This will officially be announced at the G7 gathering thereby calling on the G7 and other partners to work alongside Gavi, to bring in billions more in resources to support global COVID-19 vaccination.

“The United States will provide an initial $ 2 billion contribution to Gavi, the Vaccine Alliance for the COVAX Advance Market Commitment, the innovative financing instrument of the COVAX Facility, which supports access to safe and effective vaccines for 92 low- and middle-income economies,” the White House said in a fact sheet released ahead of the virtual summit.

“We also call on our G7 and other partners to work alongside Gavi, to bring in billions more in resources to support global COVID-19 vaccination, and to target urgent vaccine manufacturing, supply, and delivery needs,” the White House said.

Former President Donald Trump had earlier withdrew the U.S. from the WHO after accusing it of attempts to cover up China’s alleged culpability for the coronavirus pandemic.

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