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Obaid Humaid Al Tayer, Minister of State for Financial Affairs, participated on Monday in a virtual meeting with G20 ministers of finance and central bank governors,
G20 finance ministers and central bankers agreed during a separate video conference on Monday to develop an "action plan" to respond to the outbreak, which the International Monetary Fund expects will trigger a global recession.
In support of the international efforts to address the Covid-19 pandemic, The Ministry of Finance (MoF) participated in the virtual G20 meetings, which took place over the past three days.
The Saudi energy minister told a conference of the G20 group of the world’s largest economies on Friday that ensuring affordable energy supply is key to facilitating a global economic recovery.
All nations are now aware of the need to improve the global health architecture because of the COVID-19 pandemic that has been sweeping the globe since the beginning of 2020.
Speaking before talks with Uzbekistan’s acting foreign minister, Blinken said he believed the United States and Central Asia share concerns about Ukraine, although the former Soviet states have toed a delicate line when it comes to condemning Russia for the war.
G20 members and invited countries have pledged more than $21 billion to fight COVID-19 and, with a spirit of solidarity, have shown they will spare no effort to protect lives and the most vulnerable.
Japan seized the last event of its G20 presidency on Friday to push back at South Korean claims about radiation from its ruined Fukushima nuclear plant as a deep dispute between Tokyo and Seoul
The Japanese and South Korean foreign ministers met on the sidelines of a Japan-hosted G-20 meeting Saturday, a day after Seoul kept alive a 2016 military intelligence sharing pact with Tokyo, reversing its planned termination amid bilateral tensions.
Indian Prime Minister Narendra Modi added his voice on Friday to calls for reforms of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.