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World Bank approves $12 bn to help developing countries get Covid vaccines

The World Bank approved USD 12 billion to help developing countries purchase novel coronavirus (COVID-19) vaccines and treatments, the organization said in a statement

Coronavirus | World Bank  | Coronavirus Vaccine

ANI  |  US 

World Bank
World Bank

The approved USD 12 billion to help developing countries purchase novel (COVID-19) vaccines and treatments, the organization said in a statement.

"The World Bank's Board of Executive Directors today approved an envelope of USD 12 billion for developing countries to finance the purchase and distribution of COVID-19 vaccines, tests, and treatments for their citizens," the release said on Tuesday.

The seeks to support the vaccination of up to a billion people, the release said.

The USD 12 billion is part of the Group's package to provide up to $160 billion through June 2021 to help more than 100 countries.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Wed, October 14 2020. 08:23 IST