G20 finance ministers and central bank governors concluded their meeting with a pledge to implement policies designed to stimulate economic growth and create jobs. The group also committed to addressing the issue of tax evasion and avoidance, recognizing its impact on public finances and global economic stability.
Commitment to Growth
The ministers emphasized the need for coordinated action to support sustainable and balanced growth. Discussions focused on:
- Fiscal policies to support demand
- Structural reforms to boost productivity
- Investment in infrastructure
Tackling Tax Evasion
The G20 reaffirmed its commitment to combating tax evasion and avoidance, including through:
- Automatic exchange of information
- Strengthening international tax rules
- Addressing base erosion and profit shifting (BEPS)
International Cooperation
The G20 recognized that addressing global economic challenges requires close international cooperation. The group pledged to work together to promote a stable and resilient global financial system.
