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Saudi Arabia: G20 Ready to Adopt Policies to Limit Economic Impact of Coronavirus

Saudi Minister of Finance Mohammed al-Jadaan, right, speaks during a media conference with central bank governor Ahmed al-Kholifey, in Riyadh, Saudi Arabia, Feb. 23, 2020.

Finance officials from the Group of 20 major economies agreed on Sunday to continue monitoring the risk from the coronavirus outbreak and to adopt appropriate policies to limit the global economic impact, Saudi Arabia's finance minister said.

The two-day gathering in Riyadh was dominated by growing concern over the widening fallout from the coronavirus outbreak, with the International Monetary Fund predicting it would shave 0.1 percentage point off global growth.