Finance ministers and central bankers from the Group of 20 ended their Mexico City meeting Nov. 5 with a communique stressing that “We will do everything necessary to strengthen the overall health and growth of the global economy.”
The communique stated: “Global growth remains modest and downside risks are still elevated, including due to possible delays in the complex implementation of recent policy announcements in Europe, a potential sharp fiscal tightening in the United States, securing funding for this year’s budget in Japan, weaker growth in some emerging markets and additional supply shocks in some commodity markets.”
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