Natural News
The World Bank is set to inject more money into Big Pharma companies as the focus of global vaccine rollouts shifts to poor countries.
World Bank President David Malpass said on Wednesday, June 30, they will boost total financing for coronavirus (COVID-19) vaccine purchases and deployment to $20 billion from the previous target of $12 billion.
The initial $12 billion had been approved by World Bank’s Board of Executive Directors in October last year for developing countries to finance the purchase and distribution of COVID-19 vaccines, tests and treatments for their citizens. Financing for poorer countries is on grant or highly concessional terms.
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