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Latin America Gets $1 Billion From IDB for Vaccine Efforts

  • Funding will go to buying doses, improving vaccine deployment
  • Money follows $1.2 billion IDB already has allocated this year
Healthcare Workers Receive Vaccines At A University Hospital Network Vaccination Clinic
Photographer: Cole Burston/Bloomberg

The Inter-American Development Bank is mobilizing $1 billion to help countries in Latin America and the Caribbean buy and distribute Covid-19 vaccines.

The IDB plans to support countries in three main areas: buying vaccine doses; strengthening institutions to deploy the shots; and building immunization capacity as well as funding operational costs, the Washington-based lender said in an emailed statement on Wednesday.