Connect to share and comment

G20 monitoring Ukraine for economic risks: draft communique

WASHINGTON (Reuters) - The world's top economies are monitoring the economic situation in Ukraine "for any risks to economic and financial stability," according to a draft of the communique by the Group 20 finance ministers and central bankers. The International Monetary Fund and the World Bank remain best placed to help countries deal with their "economic challenges through policy advice and catalytic financing," the draft, which was obtained by Reuters on Friday, says in the same section.

G20 should strengthen recovery to deal with disinflation: Canada

OTTAWA (Reuters) - Canada believes that strengthening the global recovery is a key way to deal with risk of too low inflation in Europe and elsewhere, a senior government finance official said on Wednesday ahead of G20 meetings in Washington. Low inflation globally and particularly in Europe reflects the weak external economic environment facing Canada, and Canada will look for what the G20, the Group of 20 leading economies, will do to strengthening the global economy, the official told reporters on condition of anonymity.

G20 to focus on boosting global growth, not Crimea: official

By Krista Hughes and Cecile Lefort (Reuters) - Global financial leaders will thrash out details of individual country pledges to boost growth and overhaul their economies at this week's meetings in Washington, a senior Australian official said on Tuesday. Group of 20 countries promised at their last meeting in Sydney in February to lift global output by an extra 2 percent over five years, with individual action plans due later this year.

G20 vows to add $2 tn to world economy to lift growth

The world's biggest economies vowed Sunday to boost global growth by more than $2 trillion over five years, shifting their focus away from austerity as a fragile recovery takes hold. Finance ministers and central bank governors from the Group of 20, which accounts for 85 percent of the world economy, also agreed to pursue greater transparency about monetary policy after rifts about the US taper. They expressed "deep regret" that reforms to the International Monetary Fund have stalled, because the United States Congress has yet to ratify them.

G20 aims to lift growth, open up on monetary policy

The world's top economies vowed Sunday to rev up world growth by boosting investment and increasing employment, while agreeing to more transparency on monetary policies after rifts over the US taper. Finance ministers and central bank governors from the G20, which accounts for 85 percent of the world economy, also expressed "deep regret" that reforms to the International Monetary Fund have stalled with the United States yet to ratify them.

G20 aims to lift global GDP by 'more than 2%' over five years

G20 finance ministers and central bank governors on Sunday said they aim to lift their collective GDP by more than two percent over the next five years. In a communique following their meeting in Sydney, the world's top economies said the "realistic" target could be achieved by increasing investment, lifting employment and enhancing trade. "We will develop ambitious but realistic policies with the aim to lift our collective GDP by more than two percent above the trajectory implied by current policies over the coming five years," they said.

G20 aims to lift growth, open up on monetary policy

The world's top economies vowed Sunday to rev up world growth by boosting investment and increasing employment, while agreeing to more transparency about monetary policies after rifts over the US taper. Finance ministers and central bank governors from the G20, which accounts for 85 percent of the world economy, also expressed "deep regret" that reforms to the International Monetary Fund have stalled with the United States yet to ratify them.

G20 aims to lift global GDP by over two percentage points by 2018

G20 finance ministers and central bank governors on Sunday said they aim to lift their collective GDP by more than two percentage points over the next five years. In a communique following their meeting in Sydney, the world's top economies said the "realistic" target could be achieved by increasing investment, lifting employment and enhancing trade.

All G20 members have role in softening volatility: Canada official

By Louise Egan OTTAWA (Reuters) - Advanced economies must explain their monetary policy approach clearly to the rest of the world and some emerging economies need to strengthen policies in order to soften the financial market volatility during this unprecedented period of transition, a senior Canadian finance official said on Monday.

G20 to focus on four ways to boost economic growth

By Jan Strupczewski (Reuters) - The world's financial leaders will focus on four ways to boost global economic growth when they meet next week in Sydney but the discussion may be overshadowed by emerging market concerns over U.S. monetary policy, a G20 official said. Finance ministers and central bank governors of the world's 20 biggest developing and advanced economies (G20) will discuss what changes to fiscal and monetary policies and what structural reforms could make the world economy grow faster than now.
Syndicate content