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Mexico Makes Nearly $160 Million Down Payment For COVAX Vaccine Plan

The Mexico authorities signed its COVAX contract late final month.

Mexico Metropolis:

 Mexico’s authorities introduced on Saturday that it paid the World Well being Group $159.88 million to safe entry to COVID-19 vaccines by the company‘s COVAX plan as international locations throughout the globe race to safe provides.

The worldwide well being company‘s COVAX Facility is a multilateral initiative operating trials on a number of potential vaccines. The newest cost will enable Mexico to accumulate sufficient doses of a vaccine to immunize as much as a fifth of the nation‘s inhabitants of round 125 million individuals, the overseas ministry stated.

The overseas ministry assertion added that the federal government had offered the “threat assure” paperwork for an additional $20.6 million, which it described as a part of the contractually required commitments to entry the eventual vaccine provide. The assertion didn’t present further particulars on the second cost.

In keeping with the well being ministry, Mexico has confirmed almost 810,000 instances of the highly-contagious respiratory illness attributable to the coronavirus, together with greater than 83,000 recorded deaths, although each seemingly signify solely a fraction of the true variety of infections and fatalities attributable to little testing.

The federal government signed its COVAX contract late final month.