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KTT G20

G20 summit banners are pictured ahead of the leaders' meeting in Buenos Aires
G20 summit banners are pictured ahead of the leaders' meeting in Buenos Aires

KONTAN.CO.ID - WASHINGTON. The Group of 20 major economies said on Tuesday that they would present a coronavirus action plan in two weeks to address the debt vulnerabilities of the poorest countries and deliver financial aid to emerging economies.

G20 finance ministers and central bank governors discussed in a videoconference how the International Monetary Fund and the World Bank could ease a lack of liquidity in emerging markets, which have seen an outflow of $83 billion in capital.

In addition, the G20 countries will work with the group's Financial Stability Board, set up after the 2008 financial crisis, to coordinate regulatory and supervisory measures taken in response to the coronavirus.

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