VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Coordinating Minister for Economic Affairs Airlangga Hartarto has said that the Indonesian G20 Presidency is pushing for uniform distribution of COVID-19 vaccines, especially to developing countries.

"Indonesia's proposal is that we want to create a funding mechanism that supports the availability of vaccines and medicines for countries in need," Airlangga informed at the Indonesian Pavilion webinar at the Davos World Economic Forum (WEF) meeting, which was accessed online on Monday.

The G20 is a strategic multilateral platform connecting countries with the world's major economies. The forum has a strategic position in determining the future of global economic growth.

The global health architecture is one of the main issues for discussion during the Indonesian G20 Presidency given that the COVID-19 pandemic has not completely ended.

Then, digital transformation is also a theme of Indonesia's G20 Presidency considering the contribution of digitalization to G20 economies during the two years of the pandemic.

"Within Asia alone, Asian economies are projected to earn US$300 billion from digitization," Hartarto noted.

However, many countries are facing challenges in carrying out digital transformation such as infrastructure development, which will be discussed at the G20 meeting.

The last theme is related to the transition to new and renewable energy (EBT), including its financing.

"By 2050, Indonesia is committed that at least 30 percent of the energy used is new and renewable energy (EBT)," the minister said.

President Joko Widodo has also been appointed by the Director General of the United Nations (UN) to a group that will discuss the energy transition, food availability and security, and funding for developing countries that are currently struggling to repay debt, he added.

"During this pandemic, most countries used leveraged loans to finance social support programs and necessary debt restructuring," he said.  (Antaranews)