The meeting is the first by top leaders from the G7 group of rich democracies since April, it said. "This virtual engagement with leaders of the world’s leading democratic market economies will provide an opportunity for President Biden to discuss plans to defeat the COVID-19 pandemic, and rebuild the global economy," the White House said in a statement. Domestically, Biden is pressing Congress to pass a $1.9 trillion stimulus package to boost the US economy and provide relief for those suffering from the pandemic. The White House said he would discuss his economic agenda with G7 counterparts and encourage them and all industrialised countries to maintain "economic support for the recovery" and other collective measures. US Treasury Secretary Janet Yellen spoke to her G7 counterparts last week and called for continued fiscal support to secure the economic recovery.

Source: bd News24 February 15, 2021 00:45 UTC