United States, foreign officials will announce $ 3.1 billion in new Covid funding

“Now we really need Congress, especially Republicans in Congress, to show up, not with empty words, but with action,” said one senior administration official.

The United States will announce a further commitment to the Financial Intermediary Fund, a World Bank fund intended to help the world prepare for the next pandemic. So far, the United States has pledged $ 250 million. He plans to pledge an additional $ 200 million to Thursday’s event.

“The fund will provide funding to improve local, national and global capacity to prevent, detect and respond to pandemics and other threats to global health security,” said the other senior administration official, adding that the fund will be operational in September. .

This is an evolving story.