G-20 Finance chiefs meet amidst global economic fears

Governor of the Bank of Japan, Haruhiko Kuroda speaking to journalists during the G20 finance ministers meeting in the Saudi capital Riyadh, on Saturday (Feb 22). Top Finance Ministers in the world are confident the world can overcome the outbreak and make a speedy recovery. - AFP

SINGAPORE/RIYADH: The guardians of the world economy are convening amid mounting fears that the Covid-19 (coronavirus) outbreak poses a greater threat to global growth than first envisaged.

Finance ministers and central bankers from the Group of 20 nations began meetings on Saturday (Feb 22) in the Saudi capital of Riyadh for the first time since the virus forced much of China to be quarantined and then began to spread.