G7 agrees to support the spread of infection in developing countries New Corona April 15 5:44
Following the global spread of the new coronavirus, the seven major G7 countries held a meeting of Finance Ministers and Central Bank Governors. As the spread of infection in developing countries poses a major risk to the world economy, they agreed that each country would provide financial support to developing countries.
The video conference by the G7 Finance Minister and Central Bank Governor was held at about 9:00 pm, Japan time, and was attended by Japan's Deputy Prime Minister Aso and Finance Minister and the Bank of Japan Governor Kuroda.
After the meeting, Finance Minister Aso said at a press conference after the conference, "If the infectious diseases further spread in developing countries with vulnerable health systems, the global infection will be sped up and it will be a big risk to the global economy." He said that they agreed to provide financial support to developing countries to tackle the spread of infection.
The G7 countries have generally agreed to postpone the debt repayment of developing countries, and will consider funding the IMF = International Monetary Fund, which provides loans to developing countries.
In a press conference, Governor Kuroda revealed at the meeting that he explained the BOJ's monetary policy to each country, saying, "If there is a great deal of uncertainty, we will pay close attention to the impact of the new coronavirus, and if necessary, He showed the idea of taking extra monetary easing measures without hesitation. "