Finance ministers and central bank governors from the G20 nations have pledged to implement a coordinated economic response to mitigate the impact of the current global crisis. The group convened to discuss strategies for stabilizing the global economy and ensuring financial stability during this challenging period.

Key Commitments

• Enhanced international cooperation to address the economic fallout.
• Implementation of fiscal and monetary measures to support economic activity.
• Close monitoring of the global economic situation and readiness to take further action as needed.

The G20 members recognized the need for a united front to overcome the crisis and reaffirmed their commitment to working together to restore economic growth and protect jobs.

Areas of Focus

• Supporting vulnerable countries and ensuring access to essential resources.
• Addressing debt vulnerabilities and promoting sustainable financing practices.
• Strengthening financial regulation and supervision to prevent future crises.

The G20 finance ministers and central bank governors will continue to collaborate and coordinate their efforts to navigate the challenges ahead and build a more resilient global economy.