On a day when the leaders of the Group of 20 (G-20) nations are all set to hold a summit through video conferencing to discuss plans to fight the coronavirus pandemic, news reports on Thursday evening surfaced that $5 trillion will be injected into the global economy by G-20 countries to combat COVID-19.
‘Looking Forward For Productive Session on Thursday,’ Says PM Modi Ahead of G-20 Virtual Summit $5 trillion to be injected into the global economy by G20 countries to combat #COVID19 pandemic. — ANI (@ANI) March 26, 2020
This time, the G-20 virtual summit is being be chaired by Saudi Arabia’s King Salman bin Abdulaziz Al Saud. The prime objective of the summit is to advance a coordinated global response to the COVID-19 pandemic and its human and economic implications.
PM Modi to Hold 10 Bilateral Meetings in Japan During G-20 Summit As per updates, the pandemic which began last year in China has so far infected over 4,14,179 people around the world.
Talking about the impact of the pandemic on economy, IMF Managing Director Kristalina Georgieva has said that the coronavirus has already resulted in major disruption of global supply chains, volatility and large drops in the stock market and could cause a financial crisis.
Ahead of attending the summit, PM Modi said that the G-20 has an important role to play in the fight against coronavirus. He also said that he is looking forward to productive discussions on Thursday at the G20 Virtual Summit.
“The G20 has an important global role to play in addressing the #COVID19 pandemic. I look forward to productive discussions tomorrow at the G20 Virtual Summit, being coordinated by the Saudi G20 Presidency,” he had said.
Apart from India, the other members of G-20 include Argentina, Australia, Brazil, Canada, China, Germany, France, Indonesia, Italy, Japan, Mexico, the Russian Federation, Saudi Arabia, South Africa, South Korea, Turkey, the UK, the US, and the European Union.
In the wake of the coronavirus outbreak, a number of world organisations such as United Nations, World Bank, the World Health Organization and the World Trade Organization will take part in the summit.
Business for Health @GlbHlth Business has been calling on all major multilateral forums and institutions to prioritize #globalhealth. Nothing more important to economies than the health of people. A surprisingly difficult message to convey to institutions of economic governance @b20 @IMFNews #G20SaudiArabia
GHTC @GHTCoalition As the #G7 foreign ministers’ meeting kicks of today, we’re joining @InterActionOrg in calling on G7 leaders to prioritize #globalhealth on the agenda. See our recommendations w/@PATHadvocacy-
Tactical Report @TacticalReport Saudi Arabia has called for a virtual G20 summit meeting next week to combat the coronavirus epidemic. This comes as Saudi Crown Prince MBS is holding contacts with G20 leaders on the subject. #G20VirtualSummit #COVID19 #G20SaudiArabia
ANI @ANI Prime Minister Narendra Modi today addressed other G20 leaders during the #G20VirtualSummit on coordinated global response to the #COVID19 pandemic & its human & economic implications. NSA Ajit Doval & External Affairs Minister S Jaishankar were also present.
UN Geneva @UNGeneva We are at war with a virus, and not winning it.
It took the world 3 months to reach 100,000 confirmed cases.
The next 100,000 happened in just 12 days.
The third took 4 days.
The fourth – 1.5 days.
This war needs a war-time plan to fight it.
ANI @ANI There was appreciation among the G20 leaders that India not only played a role at the regional level but also at the global level to fight the #COVID19 pandemic: Sources on #G20VirtualSummit Raveesh Kumar @MEAIndia ·
joined other G20 Leaders at the #G20VirtualSummit to advance a coordinated global response to the COVID-19 pandemic, and it’s human & economic implications #G20VirtualSummit
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