Mexico makes nearly $ 160 million down payment for COVAX vaccination plan


The Mexican government signed its COVAX contract at the end of last month.


The Mexican government announced on Saturday that it has paid the World Health Organization $ 159.88 million to secure access to COVID-19 vaccines through the agency’s COVAX plan as countries around the world were fighting to secure supplies.

The World Health Agency’s COVAX Facility is a multilateral initiative that conducts trials on several potential vaccines. The latest payment will allow Mexico to acquire enough doses of a vaccine to immunize up to a fifth of the country’s population, which numbers around 125 million people, the foreign ministry said.

The Foreign Ministry statement added that the government had presented the documents relating to the “risk guarantee” for an additional $ 20.6 million, which it described as part of the commitments contractually required to access the possible vaccine supply. The statement did not provide additional details about the second payment.

According to the Health Ministry, Mexico has confirmed nearly 810,000 cases of highly contagious respiratory disease caused by the coronavirus, as well as more than 83,000 recorded deaths, although the two are likely only a fraction of the actual number of ‘infections and deaths due to little trial.

The government signed its COVAX contract at the end of last month.

(This story was not edited by GalacticGaming staff and is auto-generated from a syndicated feed.)


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