Biden to pledge $four billion to COVAX vaccine program at G7 assembly Friday

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The Biden administration will pledge $four billion to a vaccination program for poorer nations at a worldwide financial summit on Friday in hopes that different nations will comply with go well with and contribute further funds, U.S. officers mentioned on a Thursday press name, Pattern studies citing Reuters.

At a gathering of the Group of Seven nations, a summit for the world’s largest economies, the White Home will announce plans to right away grant $2 billion to the worldwide COVAX program, which goals to make sure a good provide of coronavirus vaccines world wide, officers mentioned.

The US will provide the remaining $2 billion over the subsequent two years as different nations fulfill their very own pledges, the officers mentioned. The funding was authorised by Congress earlier this month.

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