🔴 LIVE: joins , , and for a press conference on scaling up equitable access to COVID-19 vaccines. #VaccinEquity
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.: We are here together because there is urgency to step up multifaceted and coordinated action to fight the pandemic in the parts of the world falling behind, mostly because of uneven distribution of vaccines between richer and poorer countries. #VaccinEquity
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.: Our data shows that vaccinating the world is the most effective way to boost global output in the near term. In other words, vaccine policy is economic policy. #VaccinEquity
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.: The IMF will continue to work with the international community towards faster vaccination and faster recovery. We are preparing a new Special Drawing Rights allocation, unprecedented in its size, to boost the reserves and liquidity of all our member countries.
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. on why vaccine policy is economic policy: We have calculated that accelerating vaccinations will bring a huge benefit of $9 trillion for the global economy between now & 2025. 60% of this benefit will go to developing & emerging economies. #VaccinEquity
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.: Advanced economies will receive 40% of the $9 trillion global benefits and roughly $1 trillion in additional tax revenues from accelerating COVID-19 vaccinations globally. ow.ly/fBx750F0dXP #VaccinEquity
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.: I am confident that working together, we can end the pandemic quickly. It requires all hands on deck and I pledge to you that every pair of hands at the IMF is on this deck. ow.ly/3ypC50EZQXx #VaccinEquity
Shocking that even with this, someone benefits.
I wonder if humanity is even capable of being human.
❤️
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