G20 president Indonesia: Pandemic fund may start June, needs World Bank nod

G20 president Indonesia: Pandemic fund may start June, needs World Bank nod

Indonesia’s Health Minister Budi Gunadi Sadikin talks to a health official during a tuberculosis screening on the sidelines of the G20 “Health Working Group” event in Yogyakarta, Indonesia, March 29, 2022. REUTERS/Stanley Widianto

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JAKARTA, June 21 (Reuters) – A G20 fund to better prepare for the future pandemics may be operational at the end of June, if an approval is given by the board of the World Bank, which houses it, the finance minister of current G20 president Indonesia said late on Tuesday.

G20 countries have provisionally agreed to set up the multi-billion dollar fund, which health officials have said will finance efforts like surveillance, research, and better access to vaccinations for lower-to-middle income countries, among others.

Over $1.1 billion has been pledged to the fund by the United States, the European Union, Germany and Singapore, among others, health minister Budi Gunadi Sadikin said a news conference.

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Reporting by Stefanno Sulayman and Stanley Widianto; Editing by Frank Jack Daniel

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