G20’s optimistic view on global economic growth
(VOVworld) - In a communique after a two-day meeting in Washington, G20 finance ministers and central bankers welcomed brighter economic signs in rich nations.
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| International Monetary Fund Managing Director Christine Lagarde at a news conference in Washington, DC, |
In particular, the short-term prospects in developed economies including the euro zone and Japan, have improved recently. The US and UK continued to record solid growth, which could support a stronger global recovery. G20 finance ministers committed to cooperating to consolidate the global economy, as well as called on other countries to boost near-term economic prospects. Besides, big central banks are urged to ensure that policies to be carried out properly to prevent creating any chaos on the market.