The World Bank has pledged to boost available funding for COVID-19 vaccine purchases and deployment to $20 billion from a previous target of $12 billion, citing a sharp increase in overall financing demand from developing countries.<\/p>\n\n\n\n
The global development bank had already provided more than $4 billion to 51 developing countries for the purchase and deployment of COVID-19 vaccines, and would add billions for 25 more countries soon.<\/p>\n\n\n\n
In a joint statement, the World Bank, the International Monetary Fund and the World Health Organization urged G20 countries to embrace vaccinated population targets of at least 40% by the end of 2021 and 60% by the first half of 2022.<\/p>\n\n\n\n
They also urged the G20 major economies, whose finance leaders meet next week in Italy, to adopt the goal of sharing at least 1 billion vaccine doses with developing countries this year, and to increase financing and eliminate trade barriers in the vaccine supply chain.<\/p>\n","protected":false},"excerpt":{"rendered":"
The World Bank has pledged to boost available funding for COVID-19 vaccine purchases and deployment to $20 billion from a previous target of $12 billion, citing a sharp increase in overall financing demand from developing countries. Daily Current Affairs Quiz 2021 The global development bank had already provided more than $4 billion to 51 developing […]<\/p>\n","protected":false},"author":404,"featured_media":46463,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1412],"tags":[186],"offerexpiration":[],"class_list":["post-46462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-july-2021","tag-world-bank"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/46462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=46462"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/46462\/revisions"}],"predecessor-version":[{"id":46464,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/46462\/revisions\/46464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/46463"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=46462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=46462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=46462"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=46462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}