G7 Finance Ministers' Statement Confirming Policy on Countries to Disburse Fiscal Year March 25 6:13
Following the global spread of the new coronavirus, the G7 finance ministers in seven major countries held a telephone conference and issued a statement on the night of Japan time on the 24th of Japan time. They confirmed their policies on stimulating financing to take all necessary measures to protect employment and the financial system.
The G7 Finance Ministers held a conference call shortly after 9 p.m. Japan time to discuss the response.
The statement states, "We will do everything necessary to restore economic growth and protect the resilience of employment, business and the financial system."
He further stated, "We will implement fiscal expansion to mitigate the negative economic consequences of the spread of the new coronavirus," and confirmed the policies of each country to mobilize financial resources.
Specific actions include providing the funds needed to treat patients and prevent further transmission, as well as work to help companies continue their business and retain employment.
And the G7 countries support the IMF's work and the World Bank's efforts to address the economic and health needs of member countries, and will further contribute financially to multilateral efforts to support developing countries. did.
After the meeting, Deputy Prime Minister and Minister of Finance Aso told reporters that Germany had referred to economic measures. I think it's good to be able to come up with specific and unusual measures. "