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World Bank Approves USD 12 Billion Package To Emerging Economies For COVID-19 Vaccine Purchase
Various pharmaceutical companies are investing billions of dollars to speed the development of the COVID-19 vaccine. Meanwhile, the World Bank has approved USD 12 Billion to emerging countries for the purchase and distribution of coronavirus vaccine.In a statement, the bank said that the financing “aims to support vaccination of up to billion people.” The approved finance is part of the World Bank Group (WBG) package to fight against the COVID-19 pandemic.
