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WHO: Covid pandemic could 'easily drag on deep into 2022'

The World Health Organization (WHO) says, the Covid pandemic will "go on for a year longer than it needs to" because poorer countries are not getting the vaccines they need.
According to the BBC, Dr Bruce Aylward, senior leader at the WHO, said it meant the Covid crisis could "easily drag on deep into 2022".
The BBC reported that less than 5% of Africa's population have been vaccinated, compared to 40% on most other continents.
Dr Aylward appealed to wealthy countries to give up their places in the queue for vaccines in order that pharmaceutical companies can prioritise the lowest-income countries instead.
He said wealthy countries needed to "stocktake" where they were with their donation commitments made at summits such as the G7 meeting in St Ives this summer.

He said: "I can tell you we're not on track. We really need to speed it up or you know what? This pandemic is going to go on for a year longer than it needs to."
The People's Vaccine - an alliance of charities - has released new figures suggesting just one in seven of the doses promised by pharmaceutical companies and wealthy countries are actually reaching their destinations in poorer countries.
The BBC said, the vast majority of Covid vaccines have been given in high-income or upper middle-income countries. Africa accounts for just 2.6% of doses administered globally.
It mentioned, the group of charities, which includes Oxfam and UNAids, also criticised Canada and the UK for procuring vaccines for their own populations via Covax, the UN-backed global programme to distribute vaccines fairly.
Official figures show that earlier this year the UK received 539,370 Pfizer doses while Canada took just under a million AstraZeneca doses.
The BBC noted that the original idea behind Covax was that all countries would be able to acquire vaccines from its pool, including wealthy ones. But most G7 countries decided to hold back once they started making their own one-to-one deals with pharmaceutical companies.
Oxfam's Global Health Adviser, Rohit Malpani, acknowledged that Canada and the UK were technically entitled to get vaccines via this route having paid into the Covax mechanism, but he said it was still "morally indefensible" given that they had both obtained millions of doses through their own bilateral agreements.
"They should not have been acquiring these doses from Covax," he said. "It's nothing better than double-dipping and means that poorer countries which are already at the back of the queue, will end up waiting longer."
Read more: UK agrees free trade deal with New Zealand
The UK government pointed out it was one of the countries which had "kick-started" Covax last year with a donation of £548m.
The Canadian government was keen to stress that it had now ceased to use Covax vaccines.
The country's International Development Minister, Karina Gould, said: "As soon as it became clear that the supply we had secured through our bilateral deals would be sufficient for the Canadian population, we pivoted the doses which we had procured from Covax back to Covax, so they could be redistributed to developing countries."
Covax originally aimed to deliver two billion doses of vaccines by the end of this year, but so far it has shipped 371m doses.
Source: BBC
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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