Chicago: On April 5, four organizations focused on global health and the economy expounded that It would take $15 billion in grants this year and another $10 billion annually after that to establish and maintain an adequate toolkit to respond to COVID-19 and address future pandemic dangers.
“Given the many possible scenarios for the evolution of COVID-19 (from benign to severe) and given the limited resources countries have, we need a new strategy,” Gita Gopinath, the IMF’s First Deputy Managing Director, said in a statement.