The Group of 20 finance chiefs pledged Saturday to take necessary steps to boost employment and economic growth as a near-term priority, with recent confusion in the financial markets blurring the outlook for emerging economies.
In a communique released after a two-day meeting in Moscow, the finance ministers and central bank heads from the world's leading economies also promised to carefully make future changes to unconventional monetary policy.
"The global economy remains too weak and its recovery is still fragile and uneven. Unemployment remains excessively high in many countries," the communique said. "We agreed that our near-term priority is to boost jobs and growth."