The plan aims for at least 60% of the world’s population to be vaccinated by the end of 2022 to enable a sustainable global economic recovery.
The International Monetary Fund (IMF) proposed on Friday a plan to end the global pandemic of covid-19, with an estimated financing of US $ 50,000 million and the goal of vaccinating at least 40% of the world population by the end of the year.
“Our proposal sets objectives, assesses financing needs and defines pragmatic actions,” said Kristalina Georgieva, managing director of the IMF, at the World Health Summit held in Rome, within the framework of the G20.
The plan aims for at least 60% of the world’s population to be vaccinated by the end of 2022 to enable a sustainable global economic recovery.
The authors of the IMF report stress that it is now recognized that there will be no “sustainable end” to the economic crisis without an end to the health crisis. Therefore, it is in the interest of all countries to put an end to this crisis for good.
“We have long been warning of a dangerous divergence in the economic situation,” Georgieva said.
“This will only get worse as the gap widens between rich countries that have access to vaccines and poor countries that do not,” he lamented.
By the end of April, less than 2% of the African population had been immunized, while more than 40% of the population in the United States and more than 20% in Europe had received at least one dose of the COVID-19 vaccine. , according to the IMF.
The pandemic, which is hitting India especially hard, could derail the global recovery.
To put the world back on the path of growth, the IMF makes a series of proposals, the first of which is to help developing countries improve their vaccination campaigns.
The goal is to help “significantly control the pandemic everywhere for the benefit of all,” Georgieva said.
To meet the vaccination objectives of the world’s population, the IMF insists on the need to grant additional subsidies to the international Covax system, through donations of surplus doses and guaranteeing the free cross-border flow of raw materials and vaccines.
Covax was created to try to prevent rich countries from hoarding most of the valuable doses, but so far it has been ineffective.
The IMF proposal would cost about $ 50 billion in a combination of subsidies (at least $ 35 billion), government resources and other funds, the agency said.
