On Thursday, Prime Minister Narendra Modi will participate in the ‘Extraordinary Virtual G20 Leaders’ Summit’ to discuss ways to mitigate the impact of coronavirus on the global economy and other matters, livemint reported. The summit will be preceded by a ‘Virtual G20 Sherpa meeting on Wednesday’.
The virtual meeting of G-20 leaders comes after a telephone conversation between Modi and Saudi crown prince Mohammed bin Salman last week. The two leaders had spoken of the joint effort on the part of the world’s developed and developing economies. Modi had discussed the matter with Australian Prime Minister Scott Morrison.
Since its emergence in December, the SARS-CoV2 virus that causes COVID-19 has claimed more than 16,000 lives in 168 countries. It has also infected more than 381,000 people according to a live tracker of the disease run by the US-based Johns Hopkins University.
The special economic package has announced in many countries to support small industries as well as a vulnerable section of their population to contain the economic impact of the pandemic with no one able to predict when the crisis will bottom out.
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