G20 approves plan to boost growth by 2.1%

GMT 17:36 2014 Sunday ,16 November

Arab Today, arab today G20 approves plan to boost growth by 2.1%

G20 approves plan to boost growth by 2.1%
Brisbane - SPA

The G20 agreed on plan to boost economic
growth 2.1 percentage points above current predictions by 2018 at a
summit in Brisbane on Sunday, according to dpa.
Leaders of the group of key economies said raising living standards
and creating jobs worldwide through growth was its highest priority.
The plan outlined how it aims to achieve growth targets through 800
new measures to be implemented across member nations.
The measures would boost investment, trade and infrastructure, create
jobs and bring about a fair international tax system.
G20 leaders also endorsed an energy efficiency plan and pledged to
support effective action on climate change.
An international infrastructure hub is to be set established in
"We welcome stronger growth in some key economies. But the global
recovery is slow, uneven and not delivering the jobs needed," the G20
Risks in financial markets and geopolitical tensions were also
weighing on the world economy, it added.
The G20 estimates its targeted growth will add 2 trillion dollars and
millions of jobs to the world economy.

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