April 14, 2020 / 2:00 PM / in 2 months

G7 agreed on need to aid emerging economies battling with virus: Japan's Aso

FILE PHOTO: Japanese Finance Minister Taro Aso takes questions from reporters at the annual meetings of the International Monetary Fund and World Bank in Washington, U.S., October 18, 2019. REUTERS/James Lawler Duggan

TOKYO (Reuters) - G7 finance leaders agreed on Tuesday on the need to provide financial and technical assistance to emerging economies battling with the fallout from the coronavirus pandemic, Japanese Finance Minister Taro Aso said.

The finance leaders of the Group of Seven advanced economies discussed the need for a coordinated response to deal with the damage the health crisis was inflicting on the global economy, Aso told reporters after attending the teleconference.

“There’s no doubt the global economy will come under pressure from the coronavirus pandemic,” he said.

Reporting by Takahiko Wada, additional reporting by Tetsushi Kajimoto and Leika Kihara; Editing by Alison Williams

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