Text of Statement: We, G7 Finance Ministers......>

G7: Text of Statement: We, G7 Finance Ministers and Central Bank Governors, are

closely monitoring the spread of the coronavirus disease 2019 (COVID-19) and its

impact on markets and economic conditions. Given the potential impacts of

COVID-19 on global growth, we reaffirm our commitment to use all appropriate

policy tools to achieve strong, sustainable growth and safeguard against

downside risks. Alongside strengthening efforts to expand health services, G7

finance ministers are ready to take actions, including fiscal measures where

appropriate, to aid in the response to the virus and support the economy during

this phase. G7 central banks will continue to fulfill their mandates, thus

supporting price stability and economic growth while maintaining the resilience

of the financial system. We welcome that the International Monetary Fund, the

World Bank, and other international financial institutions stand ready to help

member countries address the human tragedy and economic challenge posed by

COVID-19 through the use of their available instruments to the fullest extent

possible. G7 Finance Ministers and Central Bank Governors stand ready to

cooperate further on timely and effective measures."