Fund to vaccinate 10 million kids launched in Paris

Paris- France (PANA) -- An international facility to finance vaccination, IFFLM, meant to save the lives of 10 million children in about 70 countries, mostly in sub-Saharan Africa, has been launched in Paris.
Speaking at the World Bank European headquarters in Paris during the launch Wednesday, the French Treasury head, Xavier Musca, said that the IFFLM would benefit from the financial support of six European countries, including France and the UK.
"France will provide about US$1.
3 billion in support over 15 years and will be the second lead donor of this international facility after Great Britain, which will provide £1.
45 billion," he said.
"As from next March, France will make 20 million euros available to the Facility," he added, noting that this initiative aims to help the beneficiary states meet the Millennium Development Goals (MDGs).
According to Julian Lob-Levyt of GAVI Alliance, a British NGO, the Facility will help buy vaccines against tetanus and measles while making available stocks against polio.
"The details for the implementation of the Facility will enable us to help countries, whose revenues per capita are lower than US$1,000 to have vaccines against some diseases, including measles and tetanus.
Regarding polio, even though it has disappeared, we will help states to have stocks in order to prevent any re-emergence of the disease", he said.
The stakeholders of the IFFLM, whose finances will be run by the World Bank, are hoping to mobilise US$5 billion exclusively allocated to vaccination over the next 15 years.
Scores of children die every year mainly in Africa before the age of five for lack of immunisation against diseases described as benign in developed countries.
The international Facility believes that with US$30 per year per child, the lives of millions of kids could be saved through vaccination.

12 october 2006 12:52:00

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