G7 agree to help emerging economies fight coronavirus: Japan finance minister

Japanese Finance Minister Taro Aso. (File photo: Reuters)

G7 finance leaders agreed on Tuesday on the need to provide financial and technical assistance to emerging economies battling with the fallout from the coronavirus pandemic, Japanese Finance Minister Taro Aso said.

The finance leaders of the Group of Seven advanced economies discussed the need for a coordinated response to deal with the damage the health crisis was inflicting on the global economy, Aso told reporters after attending the teleconference.

“There’s no doubt the global economy will come under pressure from the coronavirus pandemic,” he said.

Read more:

G20 members agree to form voluntary focus group to monitor oil response measures

G7 countries to discuss joint response to coronavirus crisis: Germany

The coronavirus crisis is the time for the G20 to really show what it can do

Last Update: Wednesday, 20 May 2020 KSA 09:57 - GMT 06:57