G20 pledges more than $21 billion to fight coronavirus

CAIRO – The group of 20 rich and emerging economies has pledged more than $ 21 billion to fight the corona virus, the group said early Saturday morning.

“The G20 has coordinated global efforts with invited countries to support the fight against the COVID-19 pandemic. To date, G20 members and invited countries have pledged more than $ 21 billion to support global healthcare financing, “the group said in a statement.

The commitments will focus on 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 an estimated funding gap of more than $ 8 billion to fight the COVID-19 pandemic.

Saudi Arabia, the current G20 president, has pledged $ 500 million to support global efforts to fight the pandemic. It then said it would allocate $ 150 million to the Coalition for Epidemic Preparedness and Innovation, $ 150 million to the Global Alliance for Vaccines and Immunizations, and $ 200 million to other health organizations and programs.

At least 391,108 people worldwide have died of COVID-19 and more than 6.68 million people are infected with the new coronavirus it causes, following an outbreak that started in Wuhan, China in early December.

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