Saudi donates $150m for pandemic vaccine

Saudi Arabia had in April pledged $500m to international organisations to support the efforts to combat the pandemic.

Meanwhile, the GAVI vaccines alliance said yesterday that it had raised $8.8 billion from international donor governments, companies and philanthropic foundations to fund its immunisation programmes through to 2025.

At a funding summit in London, GAVI said the pledges had exceeded its target of $7.4bn, and would “help immunise 300m more children in the world’s poorest countries against diseases like measles, polio and diphtheria”.

The vaccines alliance also said it had raised $567m towards an initial goal of $2bn from international donors for an Advanced Market Commitment to buy future Covid-19 vaccines for poor countries.

The deal would help secure enough Covid-19 vaccine doses – when the shots have been developed – for poor countries to immunise healthcare workers and those at high risk, it said.

Source: http://www.gdnonline.com/Details/824584/Saudi-donates-$150m-for-pandemic-vaccine