G20 Ministers Launch Billion-Dollar Pandemic Fund

Indonesian President Joko Widodo, shown receiving a coronavirus vaccine in July 2021, said the $1.4 billion global pandemic fund was not enough, and that said $31 billion was needed to sufficiently prepare for the next global pandemic.

Health and finance ministers of the G20 countries on November 13 launched a $1.4 billion global pandemic fund ahead of the bloc's summit on the island of Bali, although the host, Indonesian President Joko Widodo, said alongside World Health Organization chief Tedros Adhanom Ghebreyesus and World Bank President David Malpass that the sum was not enough. Widodo said $31 billion was needed to sufficiently prepare for the next global pandemic. To see the AFP story, click here. To see the Indonesian G20 host announcement, click here.