Mexico pays USD 160 million for COVAX plan to ensure vaccine access

Mexico pays USD 160 million for COVAX plan to ensure vaccine access

As the countries worldwide are in a race to secure coronavirus vaccine supplies, the Mexican government recently announced that it has paid USD 159.88 million to the World Health Organization (WHO) to secure access to COVID-19 vaccines through the agency’s COVAX facility.

According to the foreign ministry, the vaccines acquired through the programme by Mexico shall provide enough doses to immunise up to a fifth of the country’s population of around 125 million people.

The WHO’s COVAX facility is a multilateral initiative running trials on several potential vaccines. The officials also added that the government had presented the “risk guarantee” paperwork for USD 20.6 million, which it described as part of the contractually required commitments to access the eventual vaccine supply.

According to the county’s health ministry, Mexico has reported over 8,17,503 COVID-19 incidences to date of which 139,542 are presently active cases. The country has lost 83,781 lives to the infection so far.