Published.
April 01, 2020 02: 40:20
Treasurer Josh Frydenberg has required the worldwide economy to be put into “controlled hibernation” during the coronavirus emergency, in a virtual meeting of Group of 20 (G20) financing ministers and central bank governors last night.
Bottom line:
- Mr Frydenberg said the G20 should intend to reduce job losses internationally
- The Federal Government has its own financial “hibernation” technique
- The G20’s coronavirus strategy will be fleshed out over the next fortnight
The conference saw the financial leaders of the world’s leading economies discuss a brand-new plan to deal with the danger of debt v