Group of Seven finance ministers will lead a global teleconference on Tuesday to discuss their response to the threat posed by the coronavirus outbreak to the world economy, according to people familiar with the matter, who spoke on condition of anonymity.

The finance chiefs will be joined by their central bank governors, the people also said.

France’s Finance Minister Bruno Le Maire said earlier on Monday that the ministers need to ensure that their responses are “as coordinated as possible” in order to be effective.

--With assistance from Birgit Jennen and Alessandro Speciale.