New virus G20 statement "use all available policy measures" March 7 4:38
As the spread of the new coronavirus disrupts financial markets, the G20 finance ministers and the Governors of Central Banks issued a statement on Tuesday, saying, "All that is available to protect the economy from downside risks. Use policy instruments. "
As the spread of the new coronavirus spreads around the world, financial markets have been turmoil, with stock prices dropping sharply, and concerns have been raised that it could have a serious impact on the global economy. I am.
For this reason, the G20 = Finance Ministers of the 20 major countries and the Governor of the Central Bank issued a statement on the 6th, indicating future actions.
The statement states, "We carefully monitor the development of the new coronavirus, including its impact on financial markets and the economy. To help respond to the virus, support the economy, and maintain the resilience of the financial system, We are prepared to take further financial and financial measures as needed. "
He stressed, "Use all available policy instruments to protect the economy from downside risks and achieve strong and sustainable growth."
In response to the new virus, the G7 finance ministers and the Central Bank Governors of the seven major nations held an urgent teleconference on March 3 to establish a cooperative attitude, but the turmoil in the financial markets has not subsided since then. Hmm.
For this reason, it seems that the G20 aims to reduce market turmoil by making repeated statements.