The World Bank, which has already released 45 billion dollars in aid to developing countries between April and June, announces an additional envelope of 12 billion dollars, targeted on vaccination against Covid-19.
Its president, the American David Malpass, in office since 2019, gave an interview to
Le Figaro
.
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LE FIGARO.
- The World Bank steps up on the Covid-19 vaccine.
What are you announcing today?
David MALPASS.
-
I will ask the board of directors to approve new funding of $ 12 billion to help developing countries purchase and distribute vaccines.
An effective and safe vaccine is the most promising way to support the recovery of the global economy.
Vaccines are not yet available.
Why this initiative now?
We are sending a signal to the vaccine market.
We ensure that there will be a demand and the necessary money to sell the vaccines.
We are cautiously optimistic about the timing.
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