Connect with us

Hi, what are you looking for?

Economy

Indonesia starts vaccination drive as COVID-19 deaths hit record

JAKARTA — Indonesia launched one of the world’s biggest COVID-19 vaccination campaigns on Wednesday with President Joko Widodo getting the first shot of a Chinese vaccine as his country fights one of the worst coronavirus outbreaks in Asia.

The drive aims to inoculate 181.5 million people, with the first to be vaccinated receiving the CoronaVac vaccine from China’s Sinovac Biotech, which Indonesia authorized for emergency use on Monday.

Dressed in a white shirt and wearing a mask, the president, who is known as Jokowi, got his shot at the presidential palace.

“Vaccination is important to break the chain of COVID-19 (coronavirus disease 2019) transmission and give protection to us and safety to every Indonesian and help accelerate economic recovery,” Mr. Jokowi said after getting his injection.

Some other officials being vaccinated showed off their shot marks to waiting journalists and flexed their arms.

Minister of Health Budi Gunadi Sadikin has said nearly 1.5 million medical workers would be inoculated by February, followed by public servants and the general population within 15 months.

Unlike many countries, Indonesia intends to inoculate its working population first, rather than the elderly, partly because it does not have enough data from clinical trials on CoronaVac’s efficacy on older people.

Indonesia on Tuesday reported a daily record 302 coronavirus deaths, taking fatalities to 24,645. Its infections are at their peak, averaging more than 9,000 a day, with 846,765 total cases.

Indonesia’s stocks have risen in the last few days, helped by the launch of vaccinations, with the main index opening up around 0.7% on Wednesday.

“Vaccinations contributed a fairly positive market sentiment,” said Hans Kwee, director at investment manager Anugerah Mega Investama.

‘NOT ONE BULLET’
Southeast Asia’s largest economy suffered its first recession in more than two decades last year due to pandemic, with the government estimating a contraction of as much as 2.2%.

The government has said two-thirds of the 270 million population must be vaccinated to achieve herd immunity, with the cost of the programme expected to be more than 74 trillion rupiah ($5.26 billion).

Olivia Herlinda, a researcher at the Center for Indonesia’s Strategic Development Initiatives, said authorities had not taken into account the vaccine efficacy and virus reproduction rate to justify its herd immunity focus.

Epidemiologist Masdalina Pane said that vaccines had to be accompanied by increased testing and tracing.

“There’s not one bullet,” she said.

Mr. Budi said Indonesia’s testing and tracing needed improving, adding there was an imbalance in testing resources across the archipelago.

Indonesia has said its trials showed CoronaVac has an efficacy rate of 65.3%, but Brazilian researchers said on Tuesday the vaccine was only 50.4% effective.

Indonesia’s food and drugs authority BPOM did not immediately respond to a request for comment.

Bambang Heriyanto, corporate secretary of Bio Farma, the Indonesian company involved in the trials, said the Brazilian data was still above the 50% benchmark set by the World Health Organization (WHO).

Turkish researchers said in December CoronaVac showed a 91.25% efficacy based on interim analysis.

Indonesia expects to get another 122.5 million doses of CoronaVac by January 2022, with about 30 million doses due by the end of the first quarter this year.

It has also secured nearly 330 million doses of other vaccines, including from AstraZeneca and Pfizer and its partner BioNTech.  Reuters

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

By Luisa Maria Jacinta C. Jocson, Reporter FACTORY ACTIVITY in the Philippines expanded for a tenth month in a row in November, although jobs...

Economy

Passengers wait inside the Ninoy Aquino International Airport Terminal 3 in Pasay City, Oct. 29. The growth in remittances is expected to slow next...

Economy

By Revin Mikhael D. Ochave, Reporter THE JOINT Foreign Chambers of the Philippines (JFC) is now targeting to generate $128 billion in foreign direct...

Economy

LOCAL GOVERNMENT units (LGUs) should be given more time for the smooth transition of devolved functions from the National Government (NG) agencies, according to...

Economy

IN separate advisories, the Securities and Exchange Commission (SEC) has warned the public not to invest in CashBaka, Hero Mining International Group, and BitBankUps.com...

Economy

D.M. CONSUNJI, Inc.’s (DMCI) order book declined by 8.1% to P45.3 billion for the past three quarters from P49.3 billion in the same period...

You May Also Like

Investing

The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Investing

Browsing history makes referring to sites and pages you’ve visited in the past seamless. It’ll help you recall what page you checked out on...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.