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G20 Economies Pledge "All Policy Tools" to Strengthen Blobal Recovery

2016-02-28 09:28:59       source:Xinhua News Agency

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Officials pose for a family photo at the G20 Finance Ministers and Central Bank Governors Meeting at the Pudong Shangri-la Hotel in Shanghai, east China, Feb. 27, 2016. Chinese policymakers on Friday sketched out the country's economic policies and reform agenda, reassuring the world that the government has plenty policy tools to combat downward pressure as financial leaders from G20 nations gathered in Shanghai.

 

February 28, 2016

 

"Financial policymakers from the world's 20 major economies on Saturday pledged to use all policy tools, including monetary, fiscal and structural ones, to strengthen global recovery amid growing concerns of further downward risks.

 

'The global recovery continues, but it remains uneven and falls short of our ambition for strong, sustainable and balance growth,' noted a communique issued after the two-day G20 Finance Ministers and Central Bank Governors Meeting in Shanghai."

 

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http://news.xinhuanet.com/english/2016-02/27/c_135136968.htm