Coronavirus: G20 to develop plan to deal with pandemic as global recession looms

Finance ministers and central bankers from the world’s 20 largest economies agreed on Monday to develop an “action plan” to respond to a coronavirus pandemic that the International Monetary Fund now expects to trigger a global recession, but they offered no specifics.The Group of 20 (G20) secretariat issued the statement after the finance officials met by video conference for nearly two hours, amid growing criticism that the world’s “fire station” has been slow to respond to the worsening…

from South China Morning Post https://bit.ly/2Uc1hHF