Due to the very slow progress in scaling up global COVID-19 vaccine access and inoculation in low- and middle-income countries, a group of former heads of state and government and Nobel laureates offered US President Joe Biden an idea of solving the problem of Covid-19 vaccine shortage. It is mentioned in the open joint letter of statesmen and scientists to the head of the White House.
“We … are gravely concerned by the very slow progress in scaling up global COVID-19 vaccine access and inoculation in low- and middle-income countries. But we are encouraged by news that your Administration is considering a temporary waiver of World Trade Organization (WTO) intellectual property rules during the COVID-19 pandemic, as proposed by South Africa and India, and supported by more than 100 WTO member states and numerous health experts worldwide. A WTO waiver is a vital and necessary step to bringing an end to this pandemic. It must be combined with ensuring vaccine know-how and technology are shared openly,” the letter said.
These actions will increase the production of pharma drugs and accelerate the pandemic response in the less wealthy countries, will save lives and advance us towards global herd immunity. At this pace, many nations will be left waiting until at least 2024 to achieve mass COVID-19 immunization.
More than 60 former heads of state and government and more than 100 Nobel laureates signed the letter.
As it was reported earlier, Covid-19 pandemic will continue to increase the global state debt in 2021 but spending more money for accelerating of vaccination is the fastest way to begin the normalization of the state finances.