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Saudi Arabia allocates $150m at GAVI vaccine conference

The Saudi Foreign Minister, Prince Faisal bin Farhan, announced that the Kingdom will allocate $ 150 million in support to to the Global Alliance for Vaccines and Immunization GAVI  to combat the Corona pandemic.

During his participation in the virtual summit of the Global Alliance for Vaccination and Immunization, the Minister added that $150 million would be allocated from the amount announced by the Kingdom of $500 million to help international efforts to counter the Corona pandemic.

The Minister of Foreign Affairs emphasized that preserving human health is at the priority of the Kingdom’s concerns.

Saudi Arabia announced earlier that it would provide $ 500 million to support international efforts to combat this pandemic and to enhance preparedness and response to emergency situations.

The UK Prime Minister Boris Johnson has opened the summit with a brief speech about his experience with Corona.

Saudi Arabia announced a contribution of $500 million during this summit.

“Of this amount, I am pleased to announce the allocation of $150 million for vaccines and immunizations that will support the great efforts of your alliance,” Prince Faisal said.

GAVI, a major beneficiary of the Bill and Melinda Gates Foundation, plans to raise at least $7.4 billion from governments and elsewhere these years in an attempt to further develop global public health.

Many heads of state from across the world, including France, Japan, India and Canada had addressed the summit. US President Donald Trump sent a short recorded message wishing GAVI success, while Bill Gates also gave a speech in which he suggested the coronavirus crisis had forced the hand of the international community.

“We’re meeting at a unique time in history. Never have more people been more aware of the importance of vaccines,” he said.

Gates added “As we race to develop a COVID-19 vaccine, we must also renew our commitment to delivering every life-saving vaccine there is, to every child on earth. That is the work that GAVI and alliance partners have been doing for 20 years — when we come together to support GAVI replenishment, we’re making sure that it can continue to do these things until no child dies from a vaccine-preventable disease”.