G20 leaders to inject $5 trillion into global economy in fight against coronavirus


  • World
  • Thursday, 26 Mar 2020

FILE PHOTO: U.S. President Donald Trump addresses the coronavirus task force daily briefing at the White House in Washington, U.S., March 25, 2020. REUTERS/Jonathan Ernst/File Photo

RIYADH/WASHINGTON (Reuters) - Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion (£4.1 trillion) into the global economy to limit job and income losses from the coronavirus and "do whatever it takes to overcome the pandemic."

Showing more unity than at any time since the G20 was created during the 2008-2009 financial crisis, the leaders said they committed during a videoconference summit to implement and fund all necessary health measures needed to stop the virus' spread.

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