The Latest: Funding urged for vaccines for poorer countries
ABC News
Health and finance officials who gathered ahead of the Group of 20 summit in Rome warned of a two-track pandemic recovery, with COVID-19 vaccine and spending gaps slowing poorer countries from bouncing back
ROME -- The Latest on the Group of 20 summit taking place in Rome:
ROME — Health and finance officials who gathered ahead of the Group of 20 summit in Rome warned of a two-track pandemic recovery, with COVID-19 vaccine and spending gaps slowing poorer countries from bouncing back.
Kristalina Georgieva, head of the International Monetary Fund, said Friday that efforts to speed vaccinations were short $20 billion needed to pursue a goal of 40% of the world vaccinated by year’s end and 70% by the middle of next year.
French Finance Minister Bruno Le Maire said the increasing divergence between developing and developed countries would be “a major strategic risk for the rest of the world.”
