Yellen urges G20 to ‘go big’ with pandemic stimulus

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WASHINGTON: The world's most advanced nations must work in unison both to continue spending to boost the pandemic recovery, and help poor nations acqu...

The world's most advanced nations must work in unison both to continue spending to boost the pandemic recovery, and help poor nations acquire Covid-19 vaccines, US Treasury Secretary Janet Yellen said on Thursday.

But she warned against making the mistake of pulling back too soon on the stimulus which governments have been providing to shore up their economies, saying now is the time to “go big.” “A rapid and truly global vaccination programme is the strongest stimulus we can provide to the global economy,“ she said.

 

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