Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Mexico to speed up vaccine rollout, fearing risk of new COVID-19 wave

Published 03/24/2021, 03:39 PM
Updated 03/24/2021, 03:40 PM
© Reuters. COVID-19 vaccination in Mexico City

MEXICO CITY (Reuters) - Mexico will accelerate its rollout of COVID-19 vaccines to protect the public against any new wave of infections, President Andres Manuel Lopez Obrador said on Wednesday as the country's pandemic death toll approached 200,000.

Lopez Obrador said the armed forces and medical personnel would be used to inoculate more people against the virus.

"We have to get a move on with vaccinations so that if there's a new outbreak, we'll be vaccinated when it hits, in particular the older people," he told a news conference.

Although Mexico began vaccinating the public against COVID-19 last year, the rollout has been hampered by delays in delivery of doses due to bottlenecks in supply, prompting the government to complain about hoarding by richer countries.

Vaccines are now arriving more regularly, and new infections and fatalities have eased in Mexico during the past few weeks even as parts of Europe and South America have seen an uptick.

Lopez Obrador, who is gearing up for mid-term elections in June, said this week Mexico now had vaccine supply "guaranteed". But distribution of vaccines has not been as fast as he initially hoped, which the new push should help address.

Mexico is now on the cusp of registering 200,000 deaths from COVID-19, the third highest total in the world.

© Reuters. COVID-19 vaccination in Mexico City

Lopez Obrador, who has cast about globally for additional vaccines, also said some 2.7 million AstraZeneca (NASDAQ:AZN) vaccines from the United States could arrive on Sunday or Monday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.