G-20 Finance Officials work to Protect Global Growth

G-20 Finance Officials work to Protect Global Growth
G-20 Finance Officials work to Protect Global Growth

Finance ministers and central bank chiefs from the Group of 20 major economies wrapped up a meeting in Japan on Sunday with a pledge to use all the policies they can to protect global growth from disruptions due to trade and other tensions.

The G-20 finance leaders said in a joint communique that risks from trade and geopolitical tensions were intensifying.

"Wewill continue to address these risks, and stand ready to take furtheraction," the statement said.

"Wereaffirm our commitment to use all policy tools to achieve strong, sustainable,balanced and inclusive growth, and safeguard against downside risks."

Globalgrowth appears to be stabilizing and is expected to pick up later this year andnext year, the statement said.

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