G20 Conference Commits to Finding Coronavirus Vaccine

31 March, 2020 | Source: Tempo

President Joko ”Jokowi” Widodo on Thursday, March 26, participated in the G20 summit to discuss the global approach in handling the coronavirus (COVID-19) global pandemic.

Jokowi participated in the virtual conference of Group of 20 major economies at the Bogor Presidential Palace in West Java just one day after the passing of his mother, Sujatmi Notomiharjo. 

Finance Minister Sri Mulyani Indrawati, who accompanied the president in the meeting, revealed that the main focus of the meeting was to accelerate the research and development of coronavirus vaccine

”A collective effort in finding a vaccine to overcome the COVID-19 pandemic, the collaboration will be held between the entire nation, World Health Organization (WHO), and GAVI (Global Alliance for Vaccines and Immunisation),” said Sri Mulyani in her Secretary Cabinet conference canal. 

 

Furthermore, the G20 members’ finance ministers are also concocting plans to initiate crowdfunding meant to accelerate the research and development of COVID-19 vaccine. According to Sri Mulyani, the discussion indicated that $4 billion will be collectively mobilized among G20 nations and other countries. 

The summit also agreed to further support the production and supply of personal protective equipment after the IMF and World Bank agreed to prioritize loans for factories producing the critical commodity amidst the coronavirus pandemic. 

 

 

The Indonesian government plans to issue savings sukuk (Islamic bonds), series ST007, to expand the base of retail investors in the domestic financial market and finance green projects in the state budget (APBN).
President Joko Widodo recently signed a regulation specifying the procurement and immunization schedule for the COVID-19 vaccine for Indonesia, which has been battling the deadly disease since March 2 this year.
President Joko Widodo on Wednesday said the coronavirus pandemic has reminded the nation and the state of the importance of science and technology.
Indonesian Foreign Affairs Minister Retno Marsudi offered her condolences and sympathies to the families of the victims of the explosion that rocked Beirut in Lebanon on Tuesday evening.
Indonesia is working with South Korea to develop a vaccine for the novel coronavirus disease, in addition to collaborating with China.
Indonesia′s economy will start to open and recover from the COVID-19 crisis in August this year, the World Bank′s Country Director for Indonesia, Satu Kahkonen, stated on Thursday.
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