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Saudi Arabia to host virtual G20 summit in November|DW

The G20 leaders’ top will be held online on November 21-22 instead of in Riyadh, Saudi Arabia said in a declaration on Monday. The meeting will be chaired by Saudi King Salman bin Abdulaziz Al Saud and the focus will be on “securing lives and restoring growth, by solving vulnerabilities revealed throughout the pandemic and by laying down the structures for a better future.”

“The G20 has actually contributed over $21 billion to support the production, flow, and access to diagnostics, therapeutics, and vaccines,” the statement read.

Saudi King Salman bin Abdulaziz Al Saud

The conference will be chaired by Saudi King Salman bin Abdulaziz Al Saud

In a quote to protect the worldwide economy from the results of the coronavirus pandemic, the G20 countries have actually also injected $11 trillion (EUR9.5 trillion).

The group has actually released a debt suspension effort for the least developed nations “that would allow recipient nations to postpone $14 billion in financial obligation payments due this year and make use of these amounts rather for funding their health systems and social programs,” the declaration said.

dvv/sri (Reuters, dpa)

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