“According to our estimates, the world will need to spend at least $ 100 billion on new tools, especially vaccines that are being developed,” TASS quotes him.
He added that the pandemic is costing the global economy $ 375 billion every month.
The total losses to the global economy over two years will exceed $ 12 trillion, he stressed.
In early July, the Ministry of Finance of Russia announced that the federal budget, due to restrictions imposed in connection with the pandemic, had lost more than 1 trillion rubles.