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December 12, 2020

ADB rolls out $9 billion Covid vaccine scheme for developing members

Bangkok/Manila: The Asian Development Bank has launched a $9 billion vaccine initiative to provide “rapid and equitable support” to developing countries in the region seeking to roll out mass Covid-19 inoculations.The Manila-based, Japanese-backed development bank’s board approved the facility on Friday, saying that promoting “safe, equitable and effective access to vaccines” was a priority.“Due to the hyperconnected nature of the world today no country is immune from Covid-19...