G20 Finance Ministers Pledge to Support Global Growth

Finance ministers from the Group of Twenty (G20) nations concluded their meeting with a pledge to implement policies aimed at bolstering global economic growth and creating jobs. The ministers acknowledged that downside risks to the global economy persist and require coordinated action.

Key Discussion Points

  • Supporting Growth: Ministers agreed to prioritize policies that foster sustainable and balanced growth.
  • Addressing Risks: The group committed to proactively addressing downside risks, including those related to sovereign debt and financial market volatility.
  • Financial Stability: Discussions centered on strengthening financial regulation and promoting stability in the global financial system.

Commitment to Cooperation

The G20 finance ministers emphasized the importance of international cooperation in addressing global economic challenges. They pledged to work together to implement policies that support a strong, sustainable, and balanced global economy.

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