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HE Ellen Johnson Sirleaf and Rt Hon Helen Clark brief Member States at the United Nations General Assembly on pandemic response - World

HE Ellen Johnson Sirleaf and Rt Hon Helen Clark brief Member States at the United Nations General Assembly on pandemic response - World
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HE Ellen Johnson Sirleaf and Rt Hon Helen Clark brief Member States at UN General Assembly on pandemic response

HE Ellen Johnson Sirleaf and Rt Hon Helen Clark brief Member States at UN General Assembly on pandemic response
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G-20 panel calls for $100b in urgent reforms over next five years to combat pandemics

SINGAPORE - Future pandemics will be more frequent and deadly, and the world cannot wait for Covid-19 to be over before it makes urgent global investments and reforms. This needs at least US$75 billion (S$101 billion) over the next five years - more than what the international community has been willing to spend, but negligible compared with the costs of another major pandemic - a committee of leading global experts told leaders of the world s largest economies gathered in Venice on Friday (July 9). The Group of 20 (G-20) panel, co-chaired by Senior Minister and Coordinating Minister for Social Policies Tharman Shanmugaratnam, among others, said pandemics will cost governments 700 times what it is proposing in yearly additional international investments.

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