An official with the Pan American Health Organization (PAHO), the regional arm of the World Health Organization (WHO), said on Tuesday (19) that the Venezuela lost the timeline to join the COVAX facility for COVID-19 vaccines, reported Reuters.
According the news, Venezuela expressed interest in joining COVAX, but it would not be possible due to lack of resources and timely payments. Lawyers for Venezuela’s central bank say the country has been unable to make payments required to participate in COVAX because sanctions have left funds frozen in foreign bank accounts.
Meanwhile, Venezuelan president Nicolas Maduro announced that country will receive 10 million doses of russian Sputnik V vaccine. However, this means that the country will be dependent on only one vaccine.