G20 countries committed to inject over USD 5 trillion into the global economy

G20 countries committed to inject over USD 5 trillion into the global economy to counter the social and economic impact of COVID-19

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An Extraordinary Virtual G20 Leaders’ Summit was convened on 26 March 2020 to discuss the challenges posed by the outbreak of the COVID-19 pandemic and to forge a global coordinated response. Earlier, PM had a telephonic conversation with the Crown Prince of Saudi Arabia on this subject.

At the meeting, G20 Leaders agreed to take all necessary measures to contain the pandemic and committed to use all available policy tools to minimize the economic and social cost of the pandemic and to restore global growth, market stability and strengthening resilience. G20 countries committed to inject over USD 5 trillion into the global economy to counter the social and economic impact of COVID-19.

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