AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

WASHINGTON: World leaders must make a "new commitment" to a more equal distribution of coronavirus vaccines to bring the pandemic under control, the heads of four major global organizations said on Tuesday.

Their joint rallying cry comes as concerns rise that vaccine inequality between wealthy and poor nations is further complicating and prolonging a pandemic that has killed more than 3.5 million people globally.

Writing in the Washington Post on Tuesday, the heads of the World Health Organization, World Bank, International Monetary Fund and World Trade Organization blamed the gap in vaccination programs for the emergence of virus variants that have fueled fresh outbreaks in the developing world.

"It has become abundantly clear that there will be no broad-based recovery from the Covid-19 pandemic without an end to the health crisis. Access to vaccination is key to both," they said.

"Ending the pandemic is possible -- and requires global action now."

The joint op-ed was penned by IMF managing director Kristalina Georgieva, WHO director general Tedros Adhanom Ghebreyesus, World Bank president David Malpas, and WTO director general Ngozi Okonjo-Iweala.

They called on the Group of Seven wealthy democracies to agree on a "stepped-up coordinated strategy, backed by new financing, to vaccinate the world" at their next meeting in the United Kingdom later this month.

The officials recommended the G7 agrees to fund a $50 billion plan already put forward by the IMF to accelerate the end of the pandemic.

The WHO had already decried vaccine inequality as "grotesque" in March and its chief Tedros last month asked vaccine-wealthy nations to refrain from giving shots to children and adolescents and instead donate those doses to other nations.

UN-backed program Covax is meant to share vaccines with the poorest nations.

But wealthy countries effectively elbowed out Covax in the early stages of procurement, striking their own deals with drug manufacturers and taking the overwhelming share of the more than 1.8 billion doses of vaccine that have already been injected worldwide.

The G7 member countries, which met in central London under tight coronavirus restrictions last month, committed to financially support Covax.

But there was no immediate announcement on fresh funding to improve access to vaccines, despite repeated calls for the group to do more to help poorer countries.

Comments

Comments are closed.