IMF, WHO, others call for $50 bil. investment toward ending pandemic

Politics Economy Society

The International Monetary Fund, the World Health Organization and other institutions on Tuesday jointly called for a $50 billion investment to support developing countries in their fight against the novel coronavirus and to keep the global economic recovery on track. "Our data shows that in the near term vaccinating the world is the most effective way to boost global output," IMF chief Kristalina Georgieva told an online press conference, expressing her concern that an uneven distribution of vaccines between richer and poorer nations is leading to a "two-track economic recovery" with negative...

Kyodo News

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