Finance ministers and central bank chiefs from the Group of Seven (G7) countries agreed to adopt stimulus packages to address the coronavirus outbreak that has sparked fears of economic disruption. However, officials from the seven wealthy countries – Canada, France, Germany, Italy, Japan, the UK and the US

postponed Tuesday’s meeting and instead held a conference call.

“Alongside strengthening efforts to expand health services, G7 finance ministers are ready to take actions, including fiscal measures where appropriate, to aid in the response to the virus and support the economy during this phase”, the group said, adding that they are closely monitoring the virus outbreak.


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