WASHINGTON (AN) — Leaders of the G-20 major economies met by video conference and promised to spend more than $5 trillion on Thursday in an effort to prop up the global economy and hasten people's recovery from the worldwide coronavirus pandemic.
The Group of 20 leaders' extraordinary virtual summit was hosted by Saudi Arabia and attended by more than a dozen heads of state. It concluded by saying the governments and central banks from 19 nations and the European Union would boost financial backing for a coronavirus vaccine, push to resume global trade and services quickly and help poorer countries cope with inadequate or straining health systems.