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IMF Proposes $50 Billion Vaccine Plan to End Pandemic and Boost Economy


IMF Proposes $50 Billion Vaccine Plan to End Pandemic and Boost Economy
IMF Proposes $50 Billion Vaccine Plan to End Pandemic and Boost Economy
May 21, 2021
Washington DC – As worldwide COVID cases peak, IMF chief Kristalina Georgieva unveiled a $50 billion proposal to support vaccinations of 60% of the world s population. During a G20 and European Commission summit, Georgieva argued the global vaccine investment would end the pandemic and spur $9 trillion in economic gains by 2025.
Economic forecasts for most countries are grim,” said Eric LeCompte, Executive Director of the religious development group Jubilee USA. “Unless we can get most of the global population vaccinated quickly, most countries will be worse off in coming years and all countries are likely to face economic shocks.” ....

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MIL-OSI United Nations: UN Secretary-General's remarks to ECOSOC Segment on Operational Activities for Development: Presentation of report and vision for the continuation of UN reform and the implementation of the 2020 QCPR in times of crisis


Thank you for your very positive and accurate introduction to our debate.
Mr. President, Mr. Vice President, Excellencies, Ladies and gentlemen,
This past year has been unlike any other in living memory.
The COVID-19 pandemic has already taken over three million lives.
Some 131 million people have been pushed into extreme poverty.
Unemployment has soared and billions saw their livelihoods vanish overnight.
The most vulnerable in our societies – particularly women and young people – have been disproportionately affected.
Years of development progress – and in some instances decades – have been reversed, making it both more difficult and more urgent to keep the promise of the 2030 Agenda. ....

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