Pandemic Fund Helps Overcome Disparity

International funding plays an important role in supporting low-income and middle-income countries so that they can get better prepared to face health issues in the future.

KOMPAS/DEONISIA ARLINTA

Indonesian President Joko Widodo officially launched the Pandemic Fund that was introduced in the Indonesian G20 Presidency in Nusa Dua, Bali, on Sunday (13/11/2022). In his message delivered virtually, Widodo said the world should have certainty about funding in the face of the pandemic in the future.

NUSA DUA, KOMPAS — The Pandemic Fund, officially launched in the Indonesian Group of 20 presidency, is expected to be able to overcome disparity in the funding of global pandemic treatment in the future. The management of fund utilization should also be assuredly inclusive, especially for poor and developing countries, so that the aim of achieving equality will be achieved.

The COVID-19 pandemic has indicated the weak system of global-health resilience. The funding disparity in pandemic management is great. The World Health Organization (WHO) and the World Bank estimate the cost needed to cover the disparity at US$10.5 billion.