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IMF calls for $15 billion this year to manage long-term risks of COVID

The paper, prepared with the Coalition for Epidemic Preparedness Innovations (CEPI), the Global Fund, and charitable group Wellcome, said a new, more comprehensive approach was needed immediately to strengthen global health systems and limit the already staggering $13.8 trillion cost of the pandemic.

“The cost of inaction – for all of us – is very high. We need to act – now,” IMF First Deputy Managing Director Gita Gopinath said in a statement.


Source: Economy - investing.com

Global bond sales to cross $10 trillion in 2022 -S&P

Global groups propose pandemic plan at a cost of $10 billion a year