G20 is ready to limit economic fallout of coronavirus: Saudi Finance Minister

Finance officials from the Group of 20 (G20) major economies agreed on Sunday to continue monitoring the risk from the coronavirus outbreak and to adopt appropriate policies to limit the global economic impact, Saudi Arabia’s finance minister Mohammed al-Jadaan said.

The two-day gathering in Riyadh was dominated by growing concern over the widening fallout from the coronavirus outbreak, with the International Monetary Fund predicting it would shave 0.1 percentage point off global growth.