Saudi Arabia offers 500 million dollars to confront Corona

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Source: Dubai – Arabic.net

On Thursday, Saudi Arabia, which holds the G20 presidency for 2020, announced its contribution by providing $ 500 million to international organizations to support efforts to combat Corona VirusThis donation will contribute to the international organizations concerned in enhancing emergency preparedness and response, developing and distributing diagnostic tools, new treatments and vaccines, meeting unmet needs in terms of international monitoring and coordination, and ensuring that adequate supplies of protective equipment are available to health sector workers.

This donation comes in response to the Kingdom’s commitment to what was agreed upon during the extraordinary summit of the leaders of the Group of Twenty, which was called and chaired by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud last month. The leaders of the group committed themselves to provide the necessary support to finance international organizations and programs related to the response to the pandemic.

The Kingdom will allocate $ 150 million to the Alliance for Epidemic Preparation, $ 150 million to the Global Alliance for Vaccines and Immunization, and $ 200 million to other relevant international and regional health and organizations and programs.

8 billion USD

The Kingdom also renewed its call to all countries, non-governmental organizations, charitable institutions and the private sector to participate in international efforts to bridge the financing gap necessary to combat the Corona pandemic, as this gap is estimated at more than 8 billion US dollars, according to the Global Readiness Monitoring Council.

The G20, headed by Saudi Arabia, will continue to work collectively and immediately to confront the global effects of this pandemic, and will continue to implement relevant measures in the various tracks of the G20’s work.



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