1 Minute Read by Reuters Staff (Reuters) – VENICE, July 10 (Reuters) – On Saturday, the Group of 20 rich countries said the economic outlook had improved since their last meeting in April, but warned that additional COVID-19 versions might jeopardize the recovery. “We reiterate our commitment to employ all available policy tools for as long as necessary to mitigate the negative repercussions of COVID-19,” the G20 finance ministers and central bankers said in their final statement in Venice. As expected, the group backed the Organization for Economic Cooperation and Development’s worldwide agreement on corporation taxes, which calls for a company tax rate of at least 15%. For the first time, it also suggested that carbon pricing may be part of the policy mix for combating climate change. (Gavin Jones contributed reporting.) Toby Chopra edited the piece.)/n
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