Saudi Arabia To Hold Virtual G20 Summit On November 21-22

The Group of 20 major economies have this year contributed over $21 billion to support measures such as the production and distribution of vaccines to fight the coronavirus outbreak.

They have injected $11 trillion to stem the economic impact of the pandemic and launched a debt suspension initiative for the world’s poorest countries aimed at deferring some $14 billion in debt payments due this year.

Ahead of hosting the G20 summit, Saudi Arabia jailed eight people for between seven and 20 years for Khashoggi’s killing in the kingdom’s Istanbul consulate. Saudi officials denied Prince Mohammed played a role, but in 2019 he indicated some personal accountability, saying “it happened under my watch”.

Riyadh has also been trying to exit the costly conflict in Yemen, where a Saudi-led coalition has been battling the Iran-aligned Houthi group for over five years in what is widely seen in the region as a proxy war between Saudi Arabia and Iran.

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