Developing world faces 'acute and alarming' vaccine shortage

IMF, World Bank, WHO, and WTO unite to demand action from vaccine manufacturers and wealthy countries alike

'Less than 5% of vaccine doses that were pre-purchased by or for low-income countries have been delivered,' according to the international group. 

Global vaccine makers should make clear the number, the price, and their schedule to deliver their jabs amid “acute and alarming” shortages in the developing world, an IMF-backed group has urged.

The group — which also includes the World Bank, the World Health Organization, and the World Trade Organization — also said rich countries should speed up their release of surplus jabs, saying vaccine-delivery to the non-rich world was too slow.