G20, finance and communique
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G20 finance chiefs agreed a communique on Friday that underscored the importance of central bank independence and the role of the World Trade Organisation in advancing trade issues.
U.S. tariffs have strained the G20’s multilateral foundations and complicated South Africa’s efforts — as this year’s rotating president — to keep the group’s agenda on course.
This week’s deliberations in KwaZulu-Natal saw member states stuck on sustainable financing before finding consensus with each other on a range of common global challenges.
The draft G20 communique, as published on the FT’s website, is not encouraging. To be sure, there are humorous moments, such as: each of us commits to candid, even-handed, and independent IMF ...
According to the draft communique, the G20 finance ministers and central bank chiefs gathering this week in Rio de Janeiro plan to flag the risks of an uneven global recovery hinging on the ...