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A fair shot: World Bank, WHO calls for unity in global vaccine efforts | Banking news

Officials from the World Bank, World Health Organization and UNICEF say that even after vaccination is widespread, a small outbreak of coronavirus anywhere is potentially dangerous. economic benefits and recovery are everywhere, said officials from the World Bank, World Health Organization and UNICEF.

Officials from several major international organizations stressed that finance, transparency in vaccine development, national political will and global solidarity will all be essential to ensure The world’s poorest country has access to the coronavirus vaccine, officials from several major international organizations emphasized at the World Bank forum on Friday.

David Malpass, president of the World Bank Group, said during the virtual executive group’s discussion: “Where there are gaps, we have to fill them up quickly. “It is important to promote faster economic growth and keep many families from falling into poverty.”

The World Bank and the International Monetary Fund will hold their annual spring meetings this week with negotiations primarily focused on the economic recovery from the coronavirus crisis.

Two international financial institutions spent a week evaluating damages, promote Their growth forecast for some countries and sounded the alarm that inequality is rising and that low income countries are at risk of falling behind.

There is a lot of money, but without vaccines we don’t have results.

World Bank Executive Director of Operations Axel van Trotsenburg

Join Malpass on Friday at the World Bank’s final public event of the week featuring World Health Organization Director-General Tedros Adhanom Ghebreyesus, Executive Director of United Nations Children’s Fund (UNICEF) Henrietta H Fore and World Bank Executive Director of Operations Axel van Trotsenburg.

Malpass urges governments to continue ramping up vaccine production, an effort the World Bank has allocated by $ 12 billion.

He called for “more transparency” around the contract agreements between pharmaceutical companies and manufacturers to increase the direct flow of approved vaccines.

WHO’s Ghebreyesus called for strengthening global solidarity, adding: “The virus will not be defeated in a divided world.”

A man receives a certificate after receiving a vaccine against coronavirus at Wilkins Hospital in Harare, Zimbabwe [File: Philimon Bulawayo/Reuters]

“If this pandemic is politicized, and if it does, especially politicized at the national level, then the rift between the various political positions could be exploited by the virus,” he warned. .

Ghebreyesus explained that if the virus was allowed to circulate in some part of the world, it would mutate and create variations that the existing vaccines could not prevent. Consequently, stopping another global outbreak requires all countries to have a vaccine plan and action to put COVID-19 in place.

But the sheer scale of the global COVID-19 vaccination campaign is something that even the most experienced vaccinations are unprepared for.

The agency’s chief of UNICEF, Fore said, on average the organization distributes about two billion routine vaccinations each year to children for diseases like measles and polio.

A moving woman helps a girl wearing a mask distributed by UNICEF at a makeshift camp amid a coronavirus outbreak in Jalalabad, Afghanistan [File: Parwiz/Reuters]

“Right now, we are buying two billion additional COVID vaccines. It’s a great offer, ”she said.

The World Bank’s financial assessments and country readiness have helped fill the gaps in the supply chain, Mr. Fore added.

World Bank chief operating officer van Trotsenburg said by the end of April the bank would commit an additional $ 2 billion to vaccine efforts and will work with more than 40 countries on this effort.

“It’s a lot of money,” he said. “But if you don’t have the vaccine, we don’t have the results.”



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