Due to the "outbreak of new conversions of Cofid-19 and varying currents of vaccinations," G-20 finance ministers warned of a "series of dangers" weighing heavily on the rise of the global economy.

While the global economic situation has "improved, particularly thanks to increased vaccinations" in recent months, the G-20 stated in its final statement that the crisis is not over.

The highly contagious delta mutant continues to spread around the world, causing new epidemic mutations in Asia and Africa, and increasing the number of infections in Europe and the United States.

In their statement, the finance ministers reiterated their intention to "continue to support advancement by avoiding premature abandonment of actions to support" the economy.

Also, finance ministers and central bank governors pledged to "maintain financial stability and the long-term resilience of budgets," referring to recovery actions taken by Governments.

Since the Corona virus crisis began, G-20 countries have injected some $16,000 billion to revive their economies, according to the International Monetary Fund.

The Ministers noted that there is a "significant disparity (in terms of promotion) between developed and developing States," particularly because of the varying frequency of vaccination operations.

They renewed their "determination to use all available political tools to counter the negative repercussions of COFID-19, particularly on those most affected, such as women, youth and unskilled workers."

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