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U.S. VP Harris to announce $10 bln global fund to prepare for future pandemics

The new Global Health Security Financial Intermediary Fund will be created at the World Bank to coalesce resources for pandemic preparedness, the White House official said.

The Biden administration will also request an additional $850 million from the U.S. Congress for the fund, to build on the $630 million in such funding that was secured for fiscal year 2021.

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