G7 finance ministers and central bank governors: We are ready to take actions, including fiscal measures where appropriate, to aid in the response to the virus and support the economy during this phase

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3 March 2020

G7 finance ministers and central bank governors: We are ready to take actions, including fiscal measures where appropriate, to aid in the response to the virus and support the economy during this phase

We are closely monitoring the spread of the coronavirus disease 2019 and its impact on markets and economic conditions
We reaffirm our commitment to use all appropriate tools to achieve strong, sustainable growth and safeguard against downside risks
G7 central banks will continue to fulfill their mandates, thus supporting price stability and economic growth while maintaining the resilience of the financial system
We stand ready to cooperate further on timely and effective measures

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