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Asharq Al-Awsat
Asharq Al-Awsat
World
Riyadh - Bali - Asharq Al-Awsat

Saudi Arabia Pledges $50 Mn for the Global Pandemic Fund

G20 leaders welcomed the establishment of the Financial Intermediary Fund (SPA)

Saudi Arabia announced a pledge of $50 million for the Financial Intermediary Fund (FIF) or the Pandemic Fund to enhance global efforts to prevent pandemics.

Saudi Foreign Minister Prince Faisal bin Farhan made the announcement during his speech, delivered on behalf of Crown Prince and Prime Minister Mohammed bin Salman, at the foreign ministers’ session of the G20 Summit, which concluded in Bali, Indonesia, on Wednesday.

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