G20 promises no let-up in stimulus, sees tax deal by summer



The Standard | by Reuters


The world’s financial leaders have agreed to maintain expansionary policies to help economies survive the effects of Covid-19, and committed to a more multilateral approach to the twin coronavirus and economic crises.

The Italian presidency of the G20 group of the world’s top economies said the gathering of finance chiefs had pledged to work closely to accelerate a still fragile and uneven recovery.

“We agreed that any premature withdrawal of fiscal and monetary support should be avoided,” Daniele Franco, Italy’s finance minister, said after…

Read more…


LEAVE A REPLY

Please enter your comment!
Please enter your name here