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Group of Twenty decides to adopt new policies to support the global economy

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rocky
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Group of Twenty decides to adopt new policies to support the global economy

Post by rocky on Sat 27 Feb 2016, 5:40 pm


Finance ministers and central bank governors of the Group of Twenty in Shanghai



 Group of Twenty decides to adopt new policies to support the global economy





Roudao - Erbil

agreed the Group of Twenty to adopt monetary stimulus policies and atax to support a slowing global economy appears to the global recovery is uneven and less than expected. He finance those states and ministers, meeting since Friday in Shanghai, to the risks faced by thegrowth and the trauma that can be caused by out potential to Britain from the European Union. He stressed the final statement, the need touse all the means of monetary policies and stimulus tax and structural reforms on an individual and collective time the same level, following " the central banks have to continue and strengthen its policies which areconsidered lenient originally." the statement said that "policies cash will continue to support activity and ensure price stability , even though it will not lead alone to sustainable growth , "pointing to the need to " apply the fiscal policy which is based on increased public spending to stimulate activity in a flexible way . " she called for economic cooperation and development ( OECD ) , on Friday, the largest twenty economies in the world , to enhance the pace of reforms to support economic growth, and increase productivity as well as providing employment opportunities.



http://rudaw.net/arabic/business/27022016

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