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Saudi hosts G20 financial leaders amid coronavirus alarm

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AFP Riyadh
Last Updated : Feb 22 2020 | 12:32 PM IST

Finance ministers and central bank governors from G20 nations meet in the Saudi capital Saturday for a two-day gathering to discuss the global economy and the risks from the coronavirus epidemic.

Aside from an action plan to shield the world economy from the impact of the outbreak, financial leaders from the world's top 20 economies are also expected to discuss ways to achieve a fairer global taxation system for the digital era.

"Finance ministers and central bank governors will discuss global economic outlook and possible policy responses to support growth and safeguard against downside risks," G20 organisers said in a statement.

"In addition, they will discuss the priorities of the Saudi G20 Presidency under the theme 'realising opportunities of the 21st century for all'... including the tax challenges arising from the digitalisation of the economy."

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First Published: Feb 22 2020 | 12:32 PM IST

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