• Reuters, Kyodo

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Finance ministers and central bank governors from China, Japan and South Korea vowed Monday to employ “targeted” measures for those countries most affected by the COVID-19 pandemic, and committed to foster fiscal and financial stability.

In a joint statement issued after a virtual meeting held on the sidelines of the Asian Development Bank’s (ADB) annual gathering, the ministers pledged to achieve inclusive recovery, preserve long-term fiscal sustainability and maintain financial stability.

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