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If Poor Countries Shorted on Vaccines World Economy Will Lose Trillions

Source: Mike Blanchfield, The Canadian Press Staff, ctvnews.ca, February 10, 2021

Prime Minister Justin Trudeau has said that Canada remains committed to helping poor countries cope with COVID-19.

As the Trudeau government is forced to explain delays rolling out COVID-19 vaccines, some of the world’s economic and health leaders are warning of catastrophic financial consequences if poorer countries are shortchanged on vaccinations.

At a video meeting convened by the Paris-based Organization for Economic Co-operation and Development (OECD) on Monday, Secretary-General Angel Gurria predicted that rich countries would see their economies shrink by trillions of dollars if they don’t do more to help poor countries receive vaccines.

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