Economics

G-20 Economy Chiefs Hold Emergency Call on Virus Action Plan

  • Ample fiscal measures are needed, Japan finance minister says
  • Plan seen finalized at spring meeting: South Africa’s Mogajane
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Finance ministers and central bank governors from the Group of 20 nations joined an emergency call on Monday to discuss the fallout from the coronavirus pandemic on the global economy and work toward a joint response.

“We need to consolidate our efforts to support the containment of the virus, the maintenance of medical systems and the development of drugs and vaccines,” Japanese Finance Minister Taro Aso told reporters after the call. “Nations should carry out the ample economic fiscal measures needed.”