Global policymakers urge rich nations to share vaccine stockpile

Global policymakers urge rich nations to share vaccine stockpile

Vaccine disparity is endangering global survival rates and the world economy.

WASHINGTON:
A group of global policymakers tasked with responding to the Covid-19 health crisis on Friday urged nations with large vaccine stocks to share them with programmes that distribute them to lower-income counties.

In a joint statement, the Multilateral Leaders Taskforce — which includes the heads of the International Monetary Fund, World Bank Group, World Health Organization and World Trade Organization — said fewer than 2% of adults in most low-income countries were vaccinated, compared with almost 50% in high-income countries.

“This crisis of vaccine inequity is driving a dangerous divergence in Covid-19 survival rates and in the global economy,” the group said.

It called on the Group of Seven nations — the US, Canada, France, Germany, Italy, Japan and the UK — to “urgently” fulfil their vaccine-sharing pledges, noting that fewer than 10% of pledged doses have been shipped.

The group also urged nations to eliminate export restrictions on Covid-19 vaccines.

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