Saudi Arabia’s 6-point plan to spur global economy – ZAWYA

Saudi Arabia’s 6-point plan to spur global economy – ZAWYA

Saudi Arabia's 6-point plan to spur global economy | ZAWYA MENA Edition HomeEconomyGCCArticleSaudi Arabia's 6-point plan to spur global economy The six-point plan sets out a series of policy recommendations to counter the effects of the disease which threaten to spark the deepest economic recession in nearly a century    The King Fahd highway in Riyadh, Saudi Arabia. Image use for illustrative purpose "Cooperation and collaboration between governments, global governance institutions and businesses is vital for an effective and timely resolution of this multi-dimensional contagion transcending borders,“ Al-Benyan said."The B20 is strongly of the view there is no alternative to global cooperation, collaboration and consensus to tide over a multi-dimensional and systemic crisis,“ he added. The six-point plan, contained in a special report to the G20 leadership with input from 750 global business leaders, sets out a series of policy recommendations to counter the effects of the disease which threaten to spark the deepest economic recession in nearly a century.The document advocates policies to build health resilience, safeguard human capital, and prevent financial instability.In a media question-and-answer session to launch the report, Al-Benyan said that among the top priorities for business leaders were the search for a vaccine against the