1. LINE

      Text:AAAPrint
      Economy

      G20 finance ministers pledge action to keep economic recovery on track

      1
      2015-09-06 08:43Xinhua Editor: Gu Liping

      G20 finance ministers and central bank governors pledged to take decisive action to keep the economic recovery on track, in a communique adopted at the end of the two-day crucial meeting on Saturday.

      The communique said that G20 finance ministers and central bank governors will try to avoid persistent exchange rate misalignments and continue to monitor developments, assess spillovers and address emerging risks as needed to foster confidence and financial stability.

      "Monetary policies will continue to support economic activity consistent with central banks' mandates," the communique said, adding "monetary policy tightening is more likely in some advanced economies."

      On the issue of currency war, economic policy makters stressed in the document: "We reiterate our commitment to move toward more market-determined exchange rate systems and exchange rate flexibility to reflect underlying fundamentals, and avoid persistent exchange rate misalignments. We will refrain from competitive devaluations, and resist all forms of protectionism."

      Facing the worldwide challenges, finance ministers and central bank governors said that they will carefully calibrate and clearly communicate their actions, especially against the backdrop of major monetary and other policy decisions, to minimize negative spillovers, mitigate uncertainty and promote transparency.

      The communique said: "We remain committed to timely and effective implementation of our growth strategies that include measures to support demand and lift potential growth."

      Christine Lagarde, Managing Director of the International Monetary Fund (IMF), said: "Downside risks to the outlook have increased, particularly for emerging market economies. Against this backdrop, policy priorities have taken on even more urgency since we last met in April."

      The major challenge facing the global economy is that growth remains moderate and uneven, she said. For the advanced economies, activity is projected to pick up only modestly this year and next.

      For the emerging market economies, prospects have weakened in 2015 relative to last year, though some rebound is projected next year. For both the advanced and emerging economies, productivity growth continues to be low," she said.

      The IMF chief called for a concerted policy effort from the members states to address these challenges, including continued accommodative monetary policy in advanced economies; growth-friendly fiscal policies; and structural reforms to boost potential output and productivity.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 2019亚洲午夜无码天堂| 亚洲av日韩综合一区在线观看| 亚洲春色在线观看| 免费无码中文字幕A级毛片| 亚洲国产第一站精品蜜芽| 国产免费区在线观看十分钟| 亚洲女同成人AⅤ人片在线观看| 色天使亚洲综合一区二区| 国产gav成人免费播放视频| www亚洲精品久久久乳| 免费在线不卡视频| 免费手机在线看片| 在线观看亚洲成人| 日韩免费观看一区| 亚洲美女视频网站| 国产片AV片永久免费观看| 亚洲午夜福利在线视频| 国产免费av片在线播放| 国产黄片不卡免费| 亚洲AV无码乱码国产麻豆| 99爱免费观看视频在线| 色偷偷亚洲女人天堂观看欧| 日本不卡在线观看免费v| 特级做a爰片毛片免费看| 亚洲性猛交XXXX| 麻豆成人久久精品二区三区免费| 亚洲色成人网一二三区| 全免费A级毛片免费看网站| 国产亚洲午夜精品| 久久被窝电影亚洲爽爽爽| 182tv免费视视频线路一二三| 国产精品亚洲精品青青青| 日韩电影免费在线| 国产一级a毛一级a看免费视频| 日韩精品亚洲人成在线观看| 最近免费中文字幕大全| 亚欧乱色国产精品免费视频| 亚洲视频在线免费看| 日本免费中文字幕在线看| 91成人免费观看在线观看| 亚洲国产乱码最新视频|