Frydenberg urges G20 to avoid complacency in economic stability fight

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Frydenberg urges G20 to avoid complacency in economic stability fight
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The world must not be complacent on the economic front just as countries cannot afford to relax in the health fight against coronavirus, Australia's treasurer has told his foreign counterparts. 9News

"Such commitments will give markets the investment certainty and confidence they need during these challenging times."

Saudi Finance Minister Mohammed al-Jadaan said after the meeting, "All bilateral official creditors will participate in this initiative, which is an important milestone for the G20." Meanwhile, Frydenberg applauded the toolkit that the IMF, the World Bank and other multilateral organisations had assembled.

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