G7 ‘less pessimistic’ on global economy, says Italy’s finance minister

Finance ministers from the Group of Seven advanced economies see a global economic scenario that is less pessimistic than forecast, Italian Finance Minister Roberto Gualtieri said in a message on Twitter on Monday.

Gualtieri said the G7 was committed to production and distribution of anti-COVID vaccines “on a vast scale” and to offering continuing support to fragile and indebted countries, with special attention to Lebanon.

Earlier, Japan’s Finance Minister Taro Aso said G7 finance ministers had held a telephone meeting to coordinate responses to the COVID-19 pandemic.