Indonesian Health Minister Budi Gunadi Sadikin said the new global fund is needed to ensure sufficient capacity and speed for the world to address a future pandemic. As previously said by WHO Director General Tedros Adnahom Ghebreyesus, there was a US$ 16 billion funding gap to enhance global health care and tackle Covid-19.
The idea that established during Italy’s last presidency is also supported by G20 members. United States Treasury Secretary Janet Yellen said the intermediary fund would drive resources towards low and middle-income countries. Italian Health Minister Roberto Speranza urged countries to look at this as an investment into the future rather than a cost.