G20 Finance Ministers and Central Bank Governors gathered in Riyadh to discuss global economic challenges ranging from corruption to technological innovation and the development of domestic markets. The meeting was attended by the Commissioner for Economy Paolo Gentiloni and the President of the European Central Bank Christine Lagarde in representation of the EU, along with other Member States representatives. Particular attention was devoted to the tax challenges and regulatory issues arising from the digitalization of the economy. In this regard, global leaders discussed the importance of reaching a consensus on how to tax digital giants, like Google or Amazon, which operate worldwide without any physical presence, avoiding to pay the due level of taxes. The issue was particularly stressed by the French Finance Minister, Bruno Le Maire, who took advantage of the occasion to announce France’s willingness to financially support Lebanon if the country requests help through an International Monetary Fund programme. The two-day meeting was also a chance for world leaders to discuss the current and possible economic effects of the coronavirus outbreak (COVID-19). According to the IMF, the virus has already shaved global growth by 0.1 points. However, as the IMF’s Managing Director, Kristalina Georgieva, claimed the overall effect on the international economy could be contained and short-lived with the right national and regional adjustment policies.