August 16, 2022

Leaders of G20 member countries, including Prime Minister Narendra Modi, on Sunday emphasized that the diagnosis, treatment and vaccines of Covid-19 are available for all in an affordable and equitable manner. No effort will be left to make it happen. In the wake of the pandemic, he also pledged to use all possible policy tools to protect people’s lives, jobs and income. The final manifesto was released after a two-day conference of leaders of the G20 member countries. The conference was also attended by Prime Minister Narendra Modi, US President Donald Trump and Chinese President Xi Jinping. The leaders also announced that India will host the group’s conference in 2023 (G20 Summit).

The manifesto of leaders at the G20 Riyadh conference was released at the conclusion of the conference of heads of state or heads of heads of the world’s top 20 economies. In this, leaders have said that the global economy has been severely affected due to the pandemic in 2020, while global economic activity has increased partially and “our economies are slowly reopening and the positive effects of our important policy initiatives have fructified.” However, he also said that recovery of the economy is ‘uneven, highly uncertain and dependent on increasing downside risks.’

The G20 leaders also supported the anti-money laundering / counter terrorism financing policy details of which are in the FATF’s letter on Kovid-19. He reiterated his support for the ‘Financial Action Task Force’ (FATF) as a global standards setting unit for the prevention of funding, funding of terrorism and funding for arms proliferation.