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President Joe Biden announced that his administration will pledge $200 billion towards a new Global Infrastructure Partnership that includes major health projects like a massive vaccine plant to produce ‘hundreds of millions’ of doses for Covid-19 and other diseases.
“First: Health,” he began. “Two years ago, COVID 19. Didn’t need any reminders about how critical investments in healthcare systems were. And health security is both to fight the pandemic and to prepare for the next one, because it will not be the last pandemic we’re under. We have to deal with.”
“That’s why the United States together, the G-7 partners in the world bank are investing in a new industrial scale vaccine manufacturing facility in Senegal,” he said. “When complete we’ll have the potential produce hundreds of millions of doses of vaccine annually for COVID 19 and other diseases.”
“At the G7 Leaders’ Summit in Schloss Elmau, Leaders will formally launch the Partnership for Global Infrastructure (PGII)to mobilize hundreds of billions of dollars and deliver quality, sustainable infrastructure that makes a difference in people’s lives around the world, strengthens and diversifies our supply chains, creates new opportunities for American workers and businesses, and advances our national security,” the fact sheet said.
Meanwhile, President Biden is taking flack at home for economic policies that have fueled inflation and led to soaring gas prices. Biden has hit new approval lows according to a CBS poll, and gets his lowest marks for his handling of the economy and inflation: 34% and 29%, respectively.
