Tuesday, Mar 31st 2020 7:36 AM
Lagos
+29°C

Market Digest Nigeria

News

World leaders set to hold virtual summit to address global COVID-19 outbreak

COVID-19

World leaders are set to hold a virtual summit to plan a global response for the Coronavirus (COVID-19) pandemic. This extraordinary event will happen in a few days under the G20 presidency currently held by Saudi Arabia.

virtual summit

World leaders set to hold virtual summit to address global COVID-19 outbreak

According to Sky News, the Saudi Arabia organizers said it is pertinent for an agreement to be reached on how to collectively move forward on the COVID-19 pandemic.

The meeting will be following a virtual summit of G20 finance ministers and central bank governors that was held on Monday. During that meeting, the G20 finance ministers agreed to develop a G20 Joint Action Plan.

They also discussed the role of the IMF, World Bank and other international financial institutions to “deploy all available resources and explore additional measures needed to support financial stability and alleviate liquidity constraints for emerging markets and developing economies”.

 

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top
SUBSCRIBE NOW!
Get the best of Market Digest Nigeria financial news
delivered to your inbox daily!
By clicking Give it a try, I hereby: Agree and Consent to the Terms of Use and the Privacy Policy
& I may receive free newsletters & promotions from this site and can choose to unsubscribe anytime.