G20 targets raising US$1.5billion for global pandemic fund, says host Indonesia

Indonesian Health Minister Budi Gunadi Sadikin.

JAKARTA, June 17 (Reuters):The Group of 20 (G20) major economies aims to raise US$1.5 billion this year for a fund set up to better prepare for future pandemics, the health minister of current G20 president Indonesia said on Friday.

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