"After the economic downturn in 2020, the global outlook has improved thanks to the vaccines and policies put in place, but the recovery is clouded by uncertainty, and uneven. The G20 has renewed its commitment to avoid any premature withdrawal of support measures. "and reiterated" the desire to use all available tools, for the time necessary, to protect jobs and income ".
Economy Minister Daniele Franco said this during the press conference at the end of the meeting of the Finance Ministers and Governors of the G20.
The G20 meeting highlighted "significant risks" that would arise from a premature withdrawal of aid to economies, and ministers and governors agree that support measures will be reduced, or eliminated, "gradually, to minimize the risks" .
Said the Governor of the Bank of Italy, Ignazio Visco.