G20 Rome at the start, Draghi: “We look to the future with optimism”

“About two years after the start of the covid-19 pandemic” we can finally look to the future with more optimism. ” Thus Prime Minister Mario Draghi, opening the first session of work on ‘Economy and global health’ of the G20 in Rome. “Successful vaccination campaigns and coordinated actions by governments and central banks have allowed the recovery of the global economy – he underlined – Many of our countries have launched recovery plans to boost growth, reduce inequalities, promote sustainability. Together, we are building a new economic model, and the whole world will benefit from it. ” Read also “Dear Colleagues, It is a pleasure to welcome you to Rome today for this G20 Summit. First of all, I would like to say that it is wonderful to see you all here, after some difficult years for the global community. We have faced protectionism, unilateralism, nationalism. The pandemic has kept us at a distance – and it has done so with all our citizens “, underlined the prime minister who, in his speech, warned of the challenges facing the planet. From vaccines – “the pandemic is not over” and there are “shocking disparities in global distribution” – to percentages in poor, “morally unacceptable” countries. “We must also continue to invest in research – the prime minister remarked – to eliminate the trade barriers that affect Covid-19 vaccines, and improve the predictability of their delivery. And we must strengthen global supply chains, while increasing capacity. productive locally and regionally. “In high-income countries, over 70% of the population has received at least one dose. In the poorest countries, this percentage drops to around 3%. These differences are morally unacceptable, and undermine the global recovery, “he remarked. As the G20 Presidency, Italy has worked to promote a more equitable recovery. The Global Health Summit in Rome saw countries and companies generously commit to providing vaccines to Poorer countries: We must be sure we are honoring our promises. We have reached a historic agreement for a fairer and more effective international tax system. We have overseen the allocation of $ 650 billion as new Special Drawing Rights and have promoted the possibility of redistribute them to the countries that need them most. These results strongly remind us of the results we can achieve together. They must encourage us to be equally ambitious in all areas in which we work together “, recalled Draghi.” We must not make mistakes – he said. underlined – Multilateralism is the best answer to the problems we face today. In many ways, it is the only one I know lution possible. From pandemics, to climate change, to fair and equitable taxation, doing all this alone is simply not an option, “he added.