G7 leaders agreed to keep stimulus flowing for their economies


Reuters | Updated: 12-06-2021 00:03 IST | Created: 12-06-2021 00:03 IST
G7 leaders agreed to keep stimulus flowing for their economies

Leaders of the Group of Seven rich nations were in broad agreement about the need to continue supporting their economies with fiscal stimulus, a source familiar with the discussions said on Friday, the opening day of a G7 summit.

Leaders believed there should be long-term policies for ensuring the health of the public finances in future while the view about inflation was that its recent, post-lockdown rise in many countries would prove temporary, the source said.

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