World Bank Pandemic Fund obtains $700 M from U.S. and Germany

July 24 (Reuters) - The World Bank's fund to help developing countries better prepare for pandemics has raised $667 million from the United States and $54 million from Germany, moving it closer towards its goal of reaching at least $2 billion in new funding.

 

The fund, set up in September 2022, is expected to award a second round of funding later this year. It is one of the several global initiatives that was set up to help prevent a COVID-19 rerun. ...