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Covid-19 vaccine shortage in India is creating havoc among people. So the International Monetary Fund (IMF) on Friday said that those countries that are facing shortages need to place purchase orders immediately.
IMF said, “Countries or regions that are relying on domestic vaccine manufacturing capacity or on executing option contracts in the future should consider immediately placing orders to achieve sufficient vaccine coverage.”
Pointing out COVID-19 vaccination in India, IMF said, “For India, current bilateral purchases plus coverage from COVAX will cover about 25 percent of its population by the first half of 2022. To get to 60 percent coverage, India will need to immediately place sufficient vaccine orders of about 1 billion doses through contracts that incentivize investment in additional capacity and augmentation of the supply chain.”
