Finance leaders in China, South Korea and Japan to help economies hurt by pandemic
CGTN, 03 May 2021
Finance ministers and central bank governors from #China, #Japan and #SouthKorea vowed on Monday to strengthen cooperation. They committed to provide necessary support by providing "targeted" measures to economies hurt by the COVID-19 pandemic after a virtual meeting on the sidelines of the Asian Development Bank's annual meetings. Officials have pledged to "achieve inclusive recovery, preserve long-term fiscal sustainability and maintain financial stability." They said regional outlook has improved, and will explore new initiatives to strengthen the ASEAN Plus Three regional financial safety net.
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