G20 countries launch fund to prepare for future pandemics | Coronavirus

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G20 countries launch fund to prepare for future pandemics | Coronavirus

According to Indonesian President Joko Widodo, the amount of the fund is insufficient. He pleads for an amount of 31 billion dollars.

The major G20 economies announced on Sunday, ahead of their summit in Indonesia, the creation of a fund of 1.4 billion US dollars to prepare for future pandemics, an amount deemed insufficient by the host country. meeting.

At a press conference, Indonesian President Joko Widodo explained that this fund, in which 24 countries, members and non-members of the G20, are participating, aims to prevent and prepare for a pandemic.

“But that's not enough. […] We have to make sure that the community can withstand a pandemic. A pandemic can no longer take lives and break the joints of the global economy.

—Joko Widodo, President of Indonesia

According to Mr. Widodo, $31 billion would be needed.

The fund was launched by G20 Health and Finance Ministers in the presence of World Health Organization Director General Tedros Adhanom Ghebreyesus and World Bank President David Malpass.

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It is seen as one of the few breakthroughs expected at the G20 Heads of State and Government Summit which opens on Tuesday the Indonesian island of Bali, otherwise marked by deep divisions over Ukraine.

The US has contributed $450 million, nearly a third of the total, with US Treasury Secretary Janet Yellen saying the fund should contribute to a healthier and more responsive global health architecture .

Other major donors include France, UK, Canada, India, China, Australia and Japan.

Indonesia, host of the G20 summit, said it planned to contribute, without specifying the amount. The country has been hit very hard by the COVID-19 pandemic, with a violent wave in mid-2021, when its health system became overwhelmed and it faced difficulties in recovering. supply vaccines while rich countries were giving their doses to their populations.

This new dedicated fund is an important tool that will help low- and middle-income countries to better prepare for crises global health issues, underlined David Malpass.

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