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G20 nations pledge 'united front' on coronavirus crisis

PTI | Riyadh | Updated: 26-03-2020 20:40 IST | Created: 26-03-2020 20:40 IST
G20 nations pledge 'united front' on coronavirus crisis

G20 nations on Thursday pledged a "united front" in the fight against the coronavirus pandemic, and said they were injecting USD 5 trillion into the global economy to counter the impact of the crisis

"We are injecting over USD 5 trillion into the global economy, as part of targeted fiscal policy, economic measures, and guarantee schemes to counteract the social, economic and financial impacts of the pandemic," the leaders said in a statement after an emergency online summit

They also pledged to work swiftly with multilateral bodies such as the International Monetary Fund, the World Health Organization and regional banks to deploy a "robust" financial package to support developing nations.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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