Mnuchin Says G20 Set to Coordinate Globally as Needed - News Summed Up

Mnuchin Says G20 Set to Coordinate Globally as Needed


WASHINGTON — Finance ministers and central bankers from the world's 20 largest economies (G20) agreed on Monday to coordinate actions taken in the face of the worsening coronavirus pandemic, U.S. Treasury Secretary Steven Mnuchin told Fox News. Mnuchin said the United States was working closely with G20 countries, the Group of Seven (G7), the International Monetary Fund and the World Bank in responding to the crisis. G20 leaders are due to meet for a virtual summit later this week as more countries impose lockdown measures to contain the rapidly spreading virus, which has infected 337,500 people across the world and killed over 14,600. "The good news is there's a lot of understanding (in) the G20 with both central bankers and finance ministers that we are all prepared to take actions to support our economies and coordinate it on a global basis as needed," Mnuchin said.


Source: International New York Times March 23, 2020 15:12 UTC



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