G20 to inject $5 trillion into global economy to fight coronavirus consequencesChristian Fernsby ▼ | March 26, 2020
The Group of Twenty (G20) will invest over $5 trillion into the global economy to overcome financial consequences of the coronavirus pandemic, leaders of G20 member-states say in a joint statement after the extraordinary summit.
G20 "We are currently undertaking immediate and vigorous measures"
Topics: G20 coronavirus
"We will continue to conduct bold and large-scale fiscal support. Collective G20 action will amplify its impact, ensure coherence, and harness synergies. The magnitude and scope of this response will get the global economy back on its feet and set a strong basis for the protection of jobs and the recovery of growth," heads of G20 member-states added in the statement. ■