Equitable access to vaccine important for recovery

Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah, emphasised equitable access for COVID-19 vaccine in the First G20 Finance Ministers and Central Bank Governors Meeting.

The minister is representing Brunei Darussalam in his capacity as the ASEAN Chair (Finance Track) this year.

The minister emphasised that providing equitable access, affordability, safety and quality of the COVID-19 vaccine as global public goods is crucial in the fight against the pandemic and support recovery, and in this regard, noted with appreciation the establishment of the G20 High Level Independent Panel on financing the Global Commons for Pandemic Preparedness and Response.

Attended by the Finance Ministers and Central Bank Governors from the world’s 20 biggest economies, heads of International Financial Institutions and guest countries, the meeting discussed issues related to the latest global economic outlook; policy actions for a transformative equitable recovery; financial sector issues, financial inclusion and sustainable finance.

The minister also shared ASEAN’s theme and priorities this year including the three strategic thrusts – recovery, digitalisation and sustainability – under the economic and finance track. The minister also expanded on ASEAN’s coordinated and holistic efforts that are being guided by the ASEAN Comprehensive Recovery Framework.

In addition to calling for ensuring flexible policy stances that support recovery as well as ensuring stable and resilient financial eco-system, the minister welcomed the emphasis to leverage on digitalisation as a tool towards recovery.

Also present at the meeting was Managing Director of Autoriti Monetari Brunei Darussalam (AMBD) Hajah Rokiah binti Haji Badar in her capacity as ASEAN chair (Central Bank Track) for 2021.

Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah during the virtual G20 Finance Ministers and Central Bank Governors Meeting. PHOTO: MFE