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G20 pledges more than $21 billion for coronavirus fight

by The Editor
June 7, 2020
in Europe
0
G20 pledges more than $21 billion for coronavirus fight

Issued on: 06/06/2020 – 08:56Modified: 06/06/2020 – 08:56

The Group of 20 rich and emerging economies has pledged more than $21 billion to fight the coronavirus, the group said early on Saturday.

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"The G20, with invited countries, has coordinated the global efforts to support the fight against the COVID-19 pandemic. To date, G20 members and invited countries have pledged over US$21 billion to support funding in global health," the group said in a statement.

The pledges will be directed towards diagnostics, vaccines, therapeutics, and research and development, the statement added.

In April the group called on all countries, non-governmental organizations, philanthropies and the private sector to help close a financing gap estimated at over $8 billion to combat the COVID-19 pandemic.

Saudi Arabia, the current G20 chair has pledged $500 million to support global efforts to combat the pandemic. It said then it would allocate $150 million to the Coalition for EpideRead More – Source

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Issued on: 06/06/2020 – 08:56Modified: 06/06/2020 – 08:56

The Group of 20 rich and emerging economies has pledged more than $21 billion to fight the coronavirus, the group said early on Saturday.

Advertising

Read more

"The G20, with invited countries, has coordinated the global efforts to support the fight against the COVID-19 pandemic. To date, G20 members and invited countries have pledged over US$21 billion to support funding in global health," the group said in a statement.

The pledges will be directed towards diagnostics, vaccines, therapeutics, and research and development, the statement added.

In April the group called on all countries, non-governmental organizations, philanthropies and the private sector to help close a financing gap estimated at over $8 billion to combat the COVID-19 pandemic.

Saudi Arabia, the current G20 chair has pledged $500 million to support global efforts to combat the pandemic. It said then it would allocate $150 million to the Coalition for EpideRead More – Source

france24
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