The Saudi Arabia government has announced a US$ 500m donation to help in the global fight against the coronavirus pandemic, the Saudi Press Agency in Riyadh has reported
The move comes in response to the commitment made last month during the Extraordinary G20 Leaders’ Summit.
The amount, will be given to relevant international organizations that are spearheading the fight against the virus.
The Saudi government, which holds the presidency of the G7, explained that the donation was necessitated by the global urgency to find a cure for the disease which has affected over 2 million people globally.
Adding that the donation will go a long way to enhancing emergency preparedness and response, developing and distributing of diagnostic tools, treatments and new vaccines, and other unmet needs.
This generous act of benevolence was coordinated by King Salman AL Saud.
The Saudi government has also called on other charitable and non-governmental organisations to come on board to facilitate the collective fight against the coronavirus (COVID-19).
Meanwhile, in a virtual conference by members of G20 coordinated by Saudi Arabia on Thursday, members pledged a “united front’ in the fight against coronavirus and to injecting USD 5 trillion into the global economy to counter the pandemic amid forecasts of a deep global recession.
US President Donald Trump and Russian President Vladimir Putin joined the emergency video conference chaired by Saudi Arabia’ King Salman.