Exclusive: World Bank seeks board approval for $12 billion coronavirus vaccine financing plan - (Fidelity via NewsPoints Desk)

  • World Bank President David Malpass said he is looking to get board approval for a $12-billion COVID-19 vaccine financing plan to help developing countries secure a sufficient share of vaccine doses when they become available, as reported in Fidelity.

  • Malpass explained that the initiative, part of $160 billion in coronavirus aid financing pledged by the World Bank, aims to help countries procure and distribute vaccines early to healthcare and other essential workers and to expand global production.

To read more NewsPoints articles, click here.