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G20 Pumps USD 5 Trillion in Global Health Efforts to Combat Covid-19

G20 Pumps USD 5 Trillion in Global Health Efforts to Combat Covid-19

Saturday, 21 November, 2020 - 10:45

Saudi Minister of Health, Dr. Tawfiq Al-Rabiah, said on Friday that the G20, under Saudi chairmanship, assumed an important role in facing the Covid-19 pandemic, noting that more than USD 5 trillion were pumped into the global economy as part of joint efforts to find a fair and comprehensive solution to the distribution of the vaccine.


In a session held on the sidelines of the G20 summit, Rabiah stated that the pandemic has had health effects on 50 million people around the world amid a severe second wave.


In this regard, he pointed to the efforts of the Saudi presidency when it chaired a virtual meeting to highlight the need to support international efforts and provide more than USD 5 trillion to the global economy, in order to reach a fair and comprehensive solution to the distribution of vaccines to international organizations.


At the national level, the minister stressed that the Kingdom took unprecedented and proactive measures to protect the health of its citizens as an utmost priority and to provide medical services and health care to all its residents, regardless of their status.


Saudi Arabia, in its presidency of the G20, has pledged to overcome the pandemic and find comprehensive solutions to curb its repercussions.


“The G20 has adopted various measures to combat the emerging coronavirus at the economic and social levels. It has laid down the basic principles for international economic cooperation in the severely affected regions,” said Abdulaziz Al-Rasheed, Assistant Minister of Finance for International Financial Affairs and Policies.


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