G20 leaders: We're 'committed to doing whatever it takes' on coronavirus

In a statement released after a virtual meeting hosted by Saudi Arabia, the G20 said it would spare no effort to protect lives, safeguard people’s jobs and preserve financial stability.

The G20 members have committed to injecting over $5 trillion into the global economy, the leaders said in the statement. It also gave support to the “extraordinary measures” taken by central banks and bodies like the IMF and World Bank.

The statement did not outline any new or specific measures the G20 was taking but said leaders were ready “to react promptly and take any further action that may be required.”