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G20 Leaders’ Summit to be held virtually in November

G20 Leaders’ Summit to be held virtually in November
The upcoming G20 Leaders’ Summit will focus on protecting lives and restoring growth.

Riyadh – Mubasher: This year’s G20 Leaders’ Summit will take place virtually on 21 – 22 November and will be chaired by the King of Saudi Arabia, Salman bin Abdulaziz Al Saud.

The G20 is leading the fight against the global coronavirus pandemic; contributing over $21 billion to support the production, distribution, and access to diagnostics, therapeutics, and vaccines; and injecting $11 trillion to safeguard the global economy,  according to a press release on Monday.  

Moreover, it launched a debt suspension initiative for the least developed countries to allow beneficiary countries to defer $14 billion in debt payments due this year and use these amounts instead for financing their health systems and social programmes.

The upcoming G20 Leaders’ Summit will focus on protecting lives, restoring growth, and fostering international action to realise the 21st-century opportunities for all, by empowering people and protecting our planet, whilst harnessing the potential of innovation to shape new frontiers.