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G20 to warn of risks of coronavirus variants amid ‘great divergences’ in global economic recovery

Finance ministers and central bankers from the world’s biggest economies plan to warn of persistent risks to global growth from coronavirus variants even as the overall outlook brightens, according to a draft communique seen by Bloomberg News.Since April, “the global outlook has further improved, mainly due to the roll-out of vaccines and continued policy support”, according to a draft of the Group of 20’s statement, scheduled to be released on Saturday in Venice, where policymakers are meeting…

Read the original article at South China Morning Post

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