G20 Leaders Decided to give Dollars to deal with Corona Virus

By | 27 Mar 2020

G20 leaders decide to give dollars to deal with Corona

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An emergency meeting of the G20 was held to resolve how to win the war against the Coronavirus.

New Delhi: The G-20 online emergency meeting was held to resolve how to win the war against Coronavirus. Prime Minister Narendra Modi was also present in this meeting through video conferencing. This time due to corona infection, this conference is being held through video conferencing.

Hence it has been named as G20 Virtual Summit. In this, the G-20 leaders have decided to put $ 5 trillion into the global economy to deal with the economic and social impacts of the corona virus epidemic.

This time Saudi Arabia has organized the G20 conference. On Wednesday, PM Modi tweeted that the G20 is going to play an important role in facing the covid-19 epidemic. In such a situation, it is believed that in today’s meeting there will be an effective discussion on the prevention of corona virus and the measures to reduce its effect.

Significantly, 19 industrialised countries and the European Union attended the G20 summit. It was attended by Chinese President Xi Jinping from Beijing. For the first time in the history of the G20, the leaders organized the summit through video conferencing. After the outbreak of the epidemic, President Xi Jinping participated in such an important multilateral activity for the first time.

Corona virus makes PM Modi the leader of the world, strategies are being made with G-20 countries

Guwahati In this era of Corona virus, PM Modi’s stature has increased significantly and due to this he is leading the leadership of G-20 countries. Today, the G-20 countries ‘virtual meeting’ to save the world battling the Corona virus epidemic. are doing. The topic of discussion in this unprecedented meeting being held on the initiative of Prime Minister Narendra Modi is to create a winning strategy for victory in the ongoing global war with the corona virus. It is believed that the Prime Minister will share his strategy with the G-20 countries.

Prime Minister Modi is very hopeful about the G20 countries talks through video conferencing. Modi tweeted on Wednesday, “The G20 has an important global role in tackling the covid-19 epidemic.”

PM Modi said that he is looking forward to positive talks at the ‘G20 Virtual Summit’ which is being coordinated by the President of Saudi Arabia. In this meeting, 19 industrialised countries of the world and leaders of the European Union will discuss the preparation of an action plan against the global corona virus epidemic through video conferencing. At the same time, we will prepare a plan to end its ill effects on the world economy. In fact, due to the Corona crisis, there is a possibility of economic recession worldwide.

Global rating agency Moody’s has predicted a slowdown in the G20 group countries this year due to the Corona virus crisis. Moody’s has predicted that the G20 grouping of countries together will reduce GDP by 0.5 percent in 2020. It will have a shrinkage of two percent in the US economy and 2.2 percent in the economy of the eurozone (the country adopting the euro as currency). Although Corona is a major center of the virus, its economy is expected to expand by 3.3 percent.
This virtual meeting is going to take place over the telephone talks between Saudi Crown Prince Mohammed bin Salman and PM Modi last week. Saudi Arabia is coordinating this entire meeting. PM Modi had also discussed with Australian PM Scott Morrison in this regard. This meeting of the G-20 countries is taking place at a time when more than 21 thousand people have lost their lives so far due to Corona virus in 198 countries of the world. There is a lockdown in many countries of the world including India to deal with this crisis.
Earlier, PM Modi had a similar meeting with SAARC countries. On the battle with Corona, PM Modi has brought the leadership of SAARC countries together and proved his leadership in South Asia, now his next target is the G20 countries. This was confirmed by Australian Prime Minister Scott Morrison himself. Till some time ago, it seemed that countries like America, Britain used to appear like the leader of G20, but in this phase of battling Corona, India has taken the responsibility of leadership.Apart from India, the G20 countries are Australia, Argentina, Brazil, Canada, China, France, Germany, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Britain, USA and European Union.
Among India, SAARC countries are Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka. Due to Pakistan, the SAARC Conference had been postponed for some time, but upon seeing the opportunity, PM Modi invited video conferencing to all the SAARC countries under a brilliant strategy. Pakistan was forced to attend this meeting. After this meeting of PM Modi, China also had a virtual meeting with the countries of South Asia.

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