Iraq to Transfer $125m for Iran Vaccine Order

The Iraqi government will free $125 million in debt to Iran to pay for Iran's Covid-19 vaccine order, the energy minister said in Tehran on Saturday. 
"The money will be transferred through a Swiss bank to the Covid Vaccination Global Access (COVAX) program for 16 million doses," Reza Ardakanian was quoted Saturday as saying by the Energy Ministry news website. 
Backed by the World Health Organization and the Global Alliance for Vaccines and Immunization, the initiative aims to distribute 2 billion vaccines by the end of 2021. The minister said money transfer is expected to be completed within a week.