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G-20 plans to inject USD 5 trillion into global economy


Prime minister Narendra Modi interacts with fellow world leaders during the virtual G20 Summit, to advance a coordinate global response to the COVID-19 pandemic. (PTI)

New Delhi: Meeting by video conference, leaders of the G-20 countries decided to inject over US $5 trillion into the global economy to counteract the impacts of the Covid-19 pandemic.

They also decided to provide immediate resources to three initiatives of World Health Organisation on the COVID-19 pandemic: the Solidarity Response Fund, the Coalition for Epidemic Preparedness and Innovation (CEPI) and Gavi, the Vaccine Alliance.

The Extraordinary Virtual summit of the G-20 grouping resolved “to ...


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