<p>Group of Seven countries should invest $1 trillion per year until 2030 to ensure a strong and sustainable economic recovery from the pandemic, according to a report that was requested by British Prime Minister Boris Johnson.</p>.<p>US President Joe Biden is expected to join other G7 leaders at a G7 summit in Cornwall, southern England, on June 11-13.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/imf-to-revisit-growth-forecast-for-india-due-to-surge-in-covid-19-cases-983122.html" target="_blank">IMF to revisit growth forecast for India due to surge in Covid-19 cases</a></strong></p>.<p>"At the heart of the proposed vision for the economic response to the pandemic is a coordinated global programme of investment for recovery, reconstruction and transformation that can boost all forms of capital – physical, human, natural and social," Nicholas Stern, professor of economics at the London School of Economics, said in the report.</p>.<p>"While the majority of investment will be in the private sector, public investment will have to play a key role in the early period, particularly for sustainable infrastructure," Stern said.</p>
<p>Group of Seven countries should invest $1 trillion per year until 2030 to ensure a strong and sustainable economic recovery from the pandemic, according to a report that was requested by British Prime Minister Boris Johnson.</p>.<p>US President Joe Biden is expected to join other G7 leaders at a G7 summit in Cornwall, southern England, on June 11-13.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/imf-to-revisit-growth-forecast-for-india-due-to-surge-in-covid-19-cases-983122.html" target="_blank">IMF to revisit growth forecast for India due to surge in Covid-19 cases</a></strong></p>.<p>"At the heart of the proposed vision for the economic response to the pandemic is a coordinated global programme of investment for recovery, reconstruction and transformation that can boost all forms of capital – physical, human, natural and social," Nicholas Stern, professor of economics at the London School of Economics, said in the report.</p>.<p>"While the majority of investment will be in the private sector, public investment will have to play a key role in the early period, particularly for sustainable infrastructure," Stern said.</p>