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G7 rejects pleas to fund COVID jabs for poor countries

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Aid groups said the richest nations had failed what one called “a moment of truth” by not even discussing a financing package – instead merely donating doses expected to total less than 10 per cent of the number needed, the Independent reported. reports citing foreign media that on the eve of the summit, more than 100 former world leaders, including Gordon Brown and Tony Blair, called for the G7 to pay two-thirds of the $66bn (£46.8bn) cost of a truly global programme.

The move would not only end “vaccine apartheid”, Mr Brown wrote in The Independent, but would be “an act of self-interest” – triggering a $9 trillion economic bounce back by 2025, the International Monetary Fund said.

2021.06.12 / 14:58
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