T he PM pitched for developing a new crisis management protocol to deal with the coronavirus epidemic. The PM called on the G-20 leaders to help usher in new globalisation, for the collective well-being of humankind. Modi added human beings rather than economic targets should be put at the centre of its vision for global prosperity and cooperation.
US President Donald Trump and Russian President Vladimir Putin also agreed to contribute to the WHO-led COVID-19 Solidarity Response Fund on a voluntary basis.
The G20 grouping shares 80 per cent of world’s GDP and 60 per cent of world population.
The bloc said it will continue to provide fiscal support to deal with the economic aspects of the crisis.
“Collective G20 action will amplify its impact, ensure coherence, and harness synergies. The magnitude and scope of this response will get the global economy back on its feet and set a strong basis for the protection of jobs and the recovery of growth,” the bloc said.