AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.00 Decreased By ▼ -0.53 (-0.41%)
BOP 6.76 Increased By ▲ 0.08 (1.2%)
CNERGY 4.50 Decreased By ▼ -0.13 (-2.81%)
DCL 8.70 Decreased By ▼ -0.24 (-2.68%)
DFML 41.00 Decreased By ▼ -0.69 (-1.66%)
DGKC 81.30 Decreased By ▼ -2.47 (-2.95%)
FCCL 32.68 Decreased By ▼ -0.09 (-0.27%)
FFBL 74.25 Decreased By ▼ -1.22 (-1.62%)
FFL 11.75 Increased By ▲ 0.28 (2.44%)
HUBC 110.03 Decreased By ▼ -0.52 (-0.47%)
HUMNL 13.80 Decreased By ▼ -0.76 (-5.22%)
KEL 5.29 Decreased By ▼ -0.10 (-1.86%)
KOSM 7.63 Decreased By ▼ -0.77 (-9.17%)
MLCF 38.35 Decreased By ▼ -1.44 (-3.62%)
NBP 63.70 Increased By ▲ 3.41 (5.66%)
OGDC 194.88 Decreased By ▼ -4.78 (-2.39%)
PAEL 25.75 Decreased By ▼ -0.90 (-3.38%)
PIBTL 7.37 Decreased By ▼ -0.29 (-3.79%)
PPL 155.74 Decreased By ▼ -2.18 (-1.38%)
PRL 25.70 Decreased By ▼ -1.03 (-3.85%)
PTC 17.56 Decreased By ▼ -0.90 (-4.88%)
SEARL 78.71 Decreased By ▼ -3.73 (-4.52%)
TELE 7.88 Decreased By ▼ -0.43 (-5.17%)
TOMCL 33.61 Decreased By ▼ -0.90 (-2.61%)
TPLP 8.41 Decreased By ▼ -0.65 (-7.17%)
TREET 16.26 Decreased By ▼ -1.21 (-6.93%)
TRG 58.60 Decreased By ▼ -2.72 (-4.44%)
UNITY 27.51 Increased By ▲ 0.08 (0.29%)
WTL 1.41 Increased By ▲ 0.03 (2.17%)
BR100 10,450 Increased By 43.4 (0.42%)
BR30 31,209 Decreased By -504.2 (-1.59%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

WASHINGTON: Negotiators in Congress have agreed to an additional $10 billion in COVID-19 funding to address US needs but have dropped international aid from the package, Senate Majority Leader Chuck Schumer said on Monday.

The compromise, if passed, would be less than half of the $22.5 billion initially sought by US President Joe Biden to combat COVID, prepare for future variants and shore up the nation’s pandemic infrastructure.

White House Press Secretary Jen Psaki in a statement urged Congress to move “promptly.” “The House looks forward to considering this urgent package upon its passage in the Senate and sending it to the President’s desk for signature,” US House of Representatives Speaker Nancy Pelosi said in a statement.

Another Biden spokeswoman tests positive for Covid

“While this agreement does not meet the Administration’s full request, this package will fulfill immediate needs to secure more vaccines, boosters, testing and therapeutics to keep the pandemic at bay - and it must be enacted as quickly as possible,” Pelosi added. Biden has said more funding is needed as the world continues to fight COVID in the pandemic’s third year.

While US officials have said they do not expect a surge from the latest BA.2 Omicron variant, they have pointed to the need to continue to make vaccines available at no cost and to boost surveillance and testing.

US regulators last week approved a second booster shot for older and immunocompromised Americans, but administration officials have said without more funding from Congress money will run out for the free shots.

“The consequences of inaction are severe,” Biden warned lawmakers at a White House event last week.

Lawmakers had been weighing a $15 billion measure that included $5 billion in international aid. Health experts have said without full global immunization efforts the virus can continue to mutate, increasing the risk of infection and vaccine evasion.

Members of Congress negotiating the package, however, could not agree on how to pay for the global response.

US Vice President Harris’ deputy chief of staff to depart

One of the negotiators, Republican Senator Mitt Romney, said he was open to funding global efforts in a separate, “fiscally-responsible solution” in coming weeks.

A Senate vote on the $10 billion measure could come as soon as this week.

Approval would send it to the House of Representatives.

Comments

Comments are closed.