On Friday, President Biden will announce that the U.S. plans to give $4 billion in contributions to COVAX, the program working to distribute COVID-19 vaccines to low- and middle-income countries, senior administration officials told reporters on Thursday.
Biden will share the news during a Group of 7 meeting, the officials said, with the money coming in two waves — an initial $2 billion in funding will be released almost immediately, with $2 billion more distributed over the next two years.
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