Military Emergency Unit members patrol along Gran Via Street as Spain works to stop the spread of the coronavirus on March 16, 2020 in Madrid | Pablo Blazquez Dominguez/Getty Images G7 leaders to do ‘whatever necessary’ to fight coronavirus Group of advanced economies pledges to work together on health and economic measures.

Leaders of the G7 group of industrialized democracies declared Monday they would do "whatever is necessary to ensure a strong global response" to the coronavirus pandemic.

"While current challenges may require national emergency measures, we remain committed to the stability of the global economy," the leaders said in a statement.

"By acting together, we will work to resolve the health and economic risks caused by the COVID-19 pandemic and set the stage for a strong recovery of strong, sustainable economic growth and prosperity," the statement said.

The G7 is composed of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.

"We resolve to coordinate measures and do whatever it takes, using all policy tools, to achieve strong growth in the G7 economies, and to safeguard against downside risks," the leaders said.

"To this end, we are mobilizing the full range of instruments, including monetary and fiscal measures, as well as targeted actions, to support immediately and as much as necessary the workers, companies, and sectors most affected."