Venezuela proposes ALBA Bank to guarantee financing of mass vaccination against COVID-19

ALBA must guarantee, through the ALBA Bank, the financing of the entire mass vaccination process of the entire population of the member countries. We must continue to finance the diagnostic tests, so that no one is missing PCR tests, or the drug kits for the treatment of patients: asymptomatic, mild, moderate and severe symptomatic,” said on Monday the President of the Bolivarian Republic of Venezuela, Nicolás Maduro, regarding his participation in the 18th Summit of the Bolivarian Alliance for the Peoples of Our Americas (ALBA-TCP).

In this sense, he explained that Cuba has 4 vaccines at the service of ALBA-TCP, in addition, the nations have vaccines from China and Russia, “for this reason I invite the leaders of the ALBA-TCP member countries to continue financing the diagnostic tests and vaccines to combat COVID-19. The 4 vaccines from Cuba are going very well and there are vaccines in the world, SPUTNIK-V achieves 91% efficiency and in severe cases 100%. Today the mass vaccination began in the United States,” said the Head of State.

The Bank of ALBA has played an important role in benefiting the most vulnerable, therefore we have great challenges with a view to the future and development of our peoples. As member countries we must continue to attend to cooperation and the right to development of the peoples, the right to education, to the economy that generates wealth, expansion of ties that guarantee the energy security of our countries”, emphasized President Maduro.