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Pakistan commits $1.1 billion for COVID vaccine to cover eligible population

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Islamabad: Pakistan said on Wednesday it will commit to spend $1.1 billion on procuring COVID-19 vaccine to inoculate eligible adults.Pakistan hailed the 10 million doses of vaccines already administered as an important step toward its goal of vaccinating eligible people by year end.The Economic Coordination Council (ECC) "expressed the government's commitment to provide $1.1 bln for procurement of COVID-19 vaccine," the finance ministry said in a statement.It said the money will be spent to inoculate between 45 million and 65 million eligible adults this year in the country of 220 million.The ECC approved $70 million on Wednesday to top up $130 million it sanctioned in May.The vaccine will be procured by military run National Disaster.

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