Finance ministers from the G20 nations met to discuss coordinated strategies aimed at fostering sustainable and balanced global growth. The central focus of the meeting was on aligning fiscal policies to support economic recovery while ensuring long-term stability.
Key Discussion Points
- Fiscal Policy Coordination: Ministers explored avenues for enhanced coordination of fiscal policies to maximize their collective impact on global growth.
- Sustainable Growth Framework: The meeting addressed the development of a framework for sustainable growth that takes into account environmental and social factors.
- Financial Regulation: Discussions included strengthening financial regulation to prevent future crises and promote stability in the global financial system.
- International Cooperation: The importance of international cooperation in addressing global economic challenges was emphasized throughout the meeting.
Specific Measures Considered
Several specific measures were considered to support sustainable growth, including:
- Investment in infrastructure projects to stimulate economic activity.
- Promotion of green technologies and sustainable development initiatives.
- Strengthening social safety nets to protect vulnerable populations.
The ministers reaffirmed their commitment to working together to achieve a strong, sustainable, and balanced global economy.
