IslamicFinance.de

The GAVI Alliance and the Islamic Development Bank (IDB) today signed a Memorandum of Understanding (MoU) to help save children’s lives by accelerating the introduction of life-saving vaccines in IDB member countries. The MoU was signed by Dr Seth Berkley, GAVI Alliance CEO, and Dr Ahmad Mohamed Ali, Islamic Development Bank Group Chairman. By 2020, GAVI plans to vaccinate more than 400 million children in at least 29 member countries. An estimated US$ 7 billion will be required to reach this target. IDB will work closely with GAVI to help secure sufficient funds for immunisation.