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Hey G20, where's our K73 billion for Covid?

MoneyNEWS DESK
| Transparency International

BERLIN - In many ways, the ongoing coronavirus pandemic has turned the world upside down.

Besides the devastating human toll around the world, we have also been living through an increasingly disturbing reality that is marked with rising authoritarianism, reduced civic space and misuse of relief funds.

The ongoing pandemic has also exposed vulnerabilities in public contracting systems around the world and shown how unprepared governments are to buy safely during emergencies.

The burgeoning corruption that is related to Covid-19 spending requires international solutions.

With its global reach and economic might, the G20 (a group of the world’s 20 biggest economies) is one of the few international forums with the potential to shape and implement policy to fight this crisis.

While the G20 has made a commitment of US$21 billion (K73 billion) to fight Covid-19 in June, it has been silent on how it will ensure the funds reach those who need them the most.

Last week the G20 Anti-Corruption Working Group met for the first time in seven months.

At the beginning of the week, Transparency International asked if the G20 had done enough to deliver, in it own words, “a transparent, robust, coordinated, large-scale and science-based global response.”

Despite last week’s G20 meeting Transparency International hasn’t yet received any clear answers.

So was the meeting another talk show or did the leaders come up with meaningful solutions to protect lives and livelihoods?

There’s no question about the potential of the forum, which is immense.

The question is whether the G20 will step up and meet its potential to deliver a concrete and transparent global response with comprehensive safeguards against corruption.

Transparency International is calling on the G20 to ensure that dedicated Covid-19 funding includes specific budget lines for anti-corruption, transparency and accountability measures, and to implement previous anti-corruption commitments.

The G20 should act quickly and decisively to ensure that the relief funds reach their intended beneficiaries and don’t fall into the hands of the criminal and the corrupt. 

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arthur williams

At least the UK has done a little for PNG
20/09/04 UK commits K4.3mil to PNG – National of PNG
extracts
THE United Kingdom (UK) has donated about K4.3 million to Papua New Guinea for its Covid-19 response plan………………
(BUT??) A statement from the British High Commission in Port Moresby said K3 million would be given to the World Health Organisation for equipment and training.
“Another K1 million has been given to UNICEF to fund Water, Sanitation and Hygiene (Wash)
The UK also supports PNG’s response internationally, such as supporting the release of US$364 million (K1.2 billion) in emergency financing from the International Monetary Fund’s rapid credit facility. The UK also secured an invitation for PNG to attend the Global vaccine alliance summit in London in June and highlight the need for access to Covid-19 vaccines for PNG.”

I don’t know if you have ever looked at the group photo for the G20 but you would notice that there are more than 20 Big-Men or Big-Women. Why? Not only is it an anomaly that the EU is counted as a pseudo-nation but for some reason it is allowed two representatives unlike the actual real nations only having one representative. The charade is worse and undemocratic double dipping as the four richest EU nations: France Germany Italy & UK are already full members.

The European influence is not completely dominant in G20 (9 out of 21) but consider in the G7 with the same double dipping membership charade gives it an ever winning block vote of 5 out of 8.

Give thanks: ‘Some of the people all of the time but not all of the people all of the time!’

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