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Coronavirus | G20 leaders pledge $5 trillion ‘united’ response to crisis

Byindianadmin

Mar 26, 2020 #crisis, #response
Coronavirus | G20 leaders pledge $5 trillion ‘united’ response to crisis

The world needs to “redefine” its conversations on globalisation to include social and humanitarian issues like terrorism, climate change and pandemics along with financial and economic discussions, said Prime Minister Narendra Modi, speaking at a video-conference of leaders of the world’s top twenty economies, the G-20, hosted by the Saudi King Salman bin Abdulaziz Al Saud to discuss the coronavirus pandemic.

According to a release, the G20 countries committed on Thursday to inject more than $5 trillion into the global economy, and contribute to the World Health Organisation (WHO) led COVID-19 solidarity response fund.

Read: Aim is to win the war against COVID-19 in 21 days, says Narendra Modi

“The unprecedented COVID-19 pandemic is a powerful reminder of our interconnectedness and vulnerabilities. The virus respects no borders. Combating this pandemic calls for a transparent, robust, coordinated, large-scale and science-based global response in the spirit of solidarity,” said a joint statement issued at the end of the extraordinary summit. “We will share timely and transparent information; exchange epidemiological and c

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