AIRLINK 205.50 Increased By ▲ 5.21 (2.6%)
BOP 10.25 Decreased By ▼ -0.24 (-2.29%)
CNERGY 7.05 Decreased By ▼ -0.16 (-2.22%)
FCCL 34.60 Decreased By ▼ -0.34 (-0.97%)
FFL 17.10 Decreased By ▼ -0.32 (-1.84%)
FLYNG 25.00 Increased By ▲ 0.15 (0.6%)
HUBC 130.99 Increased By ▲ 3.18 (2.49%)
HUMNL 13.92 Increased By ▲ 0.11 (0.8%)
KEL 4.93 Decreased By ▼ -0.07 (-1.4%)
KOSM 6.80 Decreased By ▼ -0.23 (-3.27%)
MLCF 44.20 Decreased By ▼ -0.42 (-0.94%)
OGDC 221.12 Decreased By ▼ -1.03 (-0.46%)
PACE 7.23 Decreased By ▼ -0.19 (-2.56%)
PAEL 42.75 Decreased By ▼ -0.05 (-0.12%)
PIAHCLA 17.07 Decreased By ▼ -0.32 (-1.84%)
PIBTL 8.46 Decreased By ▼ -0.05 (-0.59%)
POWER 9.11 Decreased By ▼ -0.04 (-0.44%)
PPL 190.35 Decreased By ▼ -2.38 (-1.23%)
PRL 43.10 Increased By ▲ 1.60 (3.86%)
PTC 24.77 Increased By ▲ 0.33 (1.35%)
SEARL 102.55 Increased By ▲ 1.28 (1.26%)
SILK 1.02 Decreased By ▼ -0.03 (-2.86%)
SSGC 42.70 Decreased By ▼ -1.17 (-2.67%)
SYM 18.47 Decreased By ▼ -0.29 (-1.55%)
TELE 9.23 Decreased By ▼ -0.31 (-3.25%)
TPLP 13.08 No Change ▼ 0.00 (0%)
TRG 68.70 Increased By ▲ 2.51 (3.79%)
WAVESAPP 10.40 Decreased By ▼ -0.13 (-1.23%)
WTL 1.80 Increased By ▲ 0.02 (1.12%)
YOUW 4.00 Decreased By ▼ -0.04 (-0.99%)
BR100 12,034 Decreased By -5.6 (-0.05%)
BR30 36,777 Increased By 88.7 (0.24%)
KSE100 114,496 Decreased By -308.5 (-0.27%)
KSE30 36,003 Decreased By -99.2 (-0.27%)

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.