DAWN.COM

Today's Paper | May 07, 2024

Published 11 Jan, 2021 08:18am

UK helps raise $1bn in global vaccine donations

LONDON: Britain said on Sunday it has helped raise $1 billion (818 million euros) from global donors towards the drive to help “vulnerable countries” access coronavirus vaccines, by match-funding contributions.

The UK said, in addition, it has committed 548 million to the COVAX Advance Market Commitment (AMC), after matching with 1 every $4 pledged by other donors.

Canada, Japan and Germany are among the countries to make contributions that it matched, helping the AMC raise more than $1.7 billion in total so far.

The fund will allow for the distribution of one billion Covid-19 vaccine doses to 92 developing countries this year, according to Britain’s Foreign Office.

Published in Dawn, January 11th, 2021

Read Comments

PCB chief announces $100,000 reward for each player if Pakistan wins T20 World Cup Next Story