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Today in Venice @Tharman_S @NOIweala & I presented a report to G20 fin. ministers & central bank govs on financing for #pandemicpreparedness. At press conference I said: For none of us is this our first rodeo w a global issue that requires a global collective response. #G20HLIP
For all of us, this is the first time where we have seen one where the expenditure of tens of billions of dollars is likely to prevent the need for spending tens of trillions of dollars down the road.
It is nearly certain we will see another COVID, the question is whether we will as international community be ready.
