After the emergency summit, the G20 nations issued a statement in which they said that the magnitude and scope of this response will get the global economy back on its feet.
New Delhi| As the global Coronavirus toll increases to touch 5,00,000, G20 nations announced that they will inject $5 Trillion in the economy to counter the slowdown induced by the Coronavirus crisis. In the emergency online meeting, they also pledged to build a “United Front” to fight the pandemic. The fund was pledged to counter the Social, Economic and Financial Impact of the pandemic, the statement read.
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After the emergency summit, the G20 nations issued a statement in which they called for combatting this pandemic through a transparent, robust, coordinated, large-scale and science-based global response in the spirit of solidarity.
“We are strongly committed to presenting a united front against this common threat,” the statement read. “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,” the statement said.
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