A statement from the ECA on the recent emergency meeting of the G20 re COVID-19
We read a great deal of news daily on what the Australian Government and the State Governments of Australia are doing to assist Australians during this very difficult time of the COVID-19 Virus. But what is the world doing collectively to manage the COVID-19 virus?
G20 finance, health and trade ministers met via a virtual link on the 26 March to discuss plans to deal with the economic and health impacts of the COVID-19 virus.
This year’s G20 host His Highness King Salman Bin Abdulaziz Al Saud chaired the emergency meeting via video link from Riyadh where countries agreed to inject US$5 trillion (AUS $8.2 trillion) into the global economy. This development reflects the gravity of the global situation we find ourselves in and the need to work collectively in coordinating all efforts to navigate the challenges we face.
This important notice was released by the G20 after the meeting
- IMPORTANT: Extraordinary G20 Leaders’ Summit Statement;
Australia’s Prime Minister Hon Scott Morrison released the following statements after the meeting
- Australia backs G20 coronavirus effort (27 March 2020)
- Australia backs $7.5 trillion plan to kickstart global economy smashed by coronavirus pandemic (27 March 2020)