G20 Nations to Inject $5 trillion to Combat COVID-19

The G20 nations have agreed to collectively inject $5 trillion into the world economy to counteract the social, economic and financial effects of the COVID-19 pandemic that has infected close to 5 lakh people across countries and claimed more than 22,000 lives.

Highlights of the Conference

  • Prime Minister of India in a video-conference of G20 economies held recently stressed on a new concept of globalisation that focuses on humanity and collective welfare rather than individual interest.
  • Leaders from all participating countries agreed to make collaborative effort to develop therapeutic solutions like vaccines, make diagnostics more effective and make testing kits and ....
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