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G7 Finance Chiefs Discuss How to Steer Economies Out of Crisis

London– Finance ministers and central bank heads from the Group of Seven (G7) industrialized nations discussed together on Friday how best to steer the world economy out of the Coronavirus crisis, Reuters quoted Britain’s finance ministry as saying.
Britain is this year’s host of the G7 meetings, and called on G7 countries to agree a joint approach to taxing internet giants by mid-2021, a deadline agreed by the wider Group of 20 nations.
“Ministers and central bank governors exchanged views on how best to shape and respond to the phases of the global recovery from COVID-19, including supporting workers and businesses in dealing with the pandemic while ensuring sustainability in the long term,” the British finance ministry said.


Source: Saudi Press Agency

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