BR100 Decreased By (-0.07%)
BR30 Decreased By (-0.07%)
KSE100 Decreased By (-0.14%)
KSE30 Decreased By (-0.2%)
AGHA 7.73 Decreased By ▼ -0.08 (-1.02%)
BECO 5.19 Decreased By ▼ -0.02 (-0.38%)
BML 57.50 No Change ▼ 0.00 (0%)
BOP 33.89 Decreased By ▼ -0.14 (-0.41%)
CNERGY 10.00 Increased By ▲ 0.04 (0.4%)
CSIL 5.35 Increased By ▲ 0.04 (0.75%)
FCCL 54.50 Decreased By ▼ -0.20 (-0.37%)
FFL 16.75 Increased By ▲ 0.06 (0.36%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.38 Decreased By ▼ -0.02 (-0.27%)
KOSM 5.70 Decreased By ▼ -0.07 (-1.21%)
LOTCHEM 29.23 Decreased By ▼ -0.09 (-0.31%)
MLCF 93.75 Decreased By ▼ -0.61 (-0.65%)
NBP 202.83 Decreased By ▼ -0.22 (-0.11%)
NCPL 57.00 No Change ▼ 0.00 (0%)
NPL 67.60 Decreased By ▼ -0.10 (-0.15%)
OGDC 316.70 Increased By ▲ 0.86 (0.27%)
PACE 10.68 Increased By ▲ 0.04 (0.38%)
PAEL 43.03 Decreased By ▼ -0.17 (-0.39%)
PIBTL 16.70 Decreased By ▼ -0.04 (-0.24%)
PPL 219.29 Decreased By ▼ -0.49 (-0.22%)
PRL 49.85 Increased By ▲ 0.66 (1.34%)
PTC 70.91 Increased By ▲ 0.38 (0.54%)
SSGC 27.93 Decreased By ▼ -0.32 (-1.13%)
TBL 9.83 Decreased By ▼ -0.03 (-0.3%)
TELE 8.79 No Change ▼ 0.00 (0%)
TPL 18.24 No Change ▼ 0.00 (0%)
TPLP 13.49 Increased By ▲ 0.22 (1.66%)
TREET 22.50 Decreased By ▼ -0.22 (-0.97%)
TRG 60.25 Increased By ▲ 0.11 (0.18%)
By

WASHINGTON: Negotiators in Congress have agreed to an additional $10 billion in COVID-19 funding to address US needs but have dropped international aid from the package, Senate Majority Leader Chuck Schumer said on Monday.

The compromise, if passed, would be less than half of the $22.5 billion initially sought by US President Joe Biden to combat COVID, prepare for future variants and shore up the nation’s pandemic infrastructure.

White House Press Secretary Jen Psaki in a statement urged Congress to move “promptly.” “The House looks forward to considering this urgent package upon its passage in the Senate and sending it to the President’s desk for signature,” US House of Representatives Speaker Nancy Pelosi said in a statement.

Another Biden spokeswoman tests positive for Covid

“While this agreement does not meet the Administration’s full request, this package will fulfill immediate needs to secure more vaccines, boosters, testing and therapeutics to keep the pandemic at bay - and it must be enacted as quickly as possible,” Pelosi added. Biden has said more funding is needed as the world continues to fight COVID in the pandemic’s third year.

While US officials have said they do not expect a surge from the latest BA.2 Omicron variant, they have pointed to the need to continue to make vaccines available at no cost and to boost surveillance and testing.

US regulators last week approved a second booster shot for older and immunocompromised Americans, but administration officials have said without more funding from Congress money will run out for the free shots.

“The consequences of inaction are severe,” Biden warned lawmakers at a White House event last week.

Lawmakers had been weighing a $15 billion measure that included $5 billion in international aid. Health experts have said without full global immunization efforts the virus can continue to mutate, increasing the risk of infection and vaccine evasion.

Members of Congress negotiating the package, however, could not agree on how to pay for the global response.

US Vice President Harris’ deputy chief of staff to depart

One of the negotiators, Republican Senator Mitt Romney, said he was open to funding global efforts in a separate, “fiscally-responsible solution” in coming weeks.

A Senate vote on the $10 billion measure could come as soon as this week.

Approval would send it to the House of Representatives.

Comments

Comments are closed for this article.