They initially projected they’d have 1.9 billion doses to distribute globally for the remainder of this year.

However, there remains a stark gap between vaccination rates across nations.

They hope this will help countries vaccinate about 40% of their population, before boosters rollout.

Vaccine shot resting on a globe.

KrizzDaPaul / Getty Images

Delaying the booster rollout would thus free a significant amount of doses for LMICs to access.

you could find an available appointment near youhere.

There is still a huge need.

The financial aid will go to companies making supplies that are necessary for vaccine production.

For the most recent updates on COVID-19, visit ourcoronavirus news page.

World Health Organization.Joint COVAX Statement on Supply Forecast for 2021 and early 2022.

World Health Organization.COVID-19 Virtual Press conference transcript.

The White House.Remarks by President Biden on Fighting the COVID-19 Pandemic.