According to Michel Sapin, speaking at the close of the meeting of finance ministers of the 20 most industrialized countries in Cairns, Australia, 47 states have to already agreed to exchange information from 2017 Eight members of the G20 and New Zealand will join them in 2018, he has continued.
The 14 states whose transparency is deemed insufficient will be additional pressures, the minister said without naming them.
Member states of the G20, has he added, intend to develop standards that can be quickly integrated with national laws.
“Do more for jobs and growth” …
The G20 countries have in also expressed their desire to do more for growth and jobs. “We are determined to make the world better, to drive growth in the global economy, create more jobs and better paying jobs, build infrastructure to allow children to have a better quality water, education and medical care, “said the Australian Treasurer Joe Hockey, opening the debate.
… but hard to reach goals
But these good intentions may be compromised by the economic situation has deteriorated in recent months, and threatens the growth target announced by the finance ministers of the G20 at a previous meeting in February in Sydney.
central bankers had then set a goal to increase the value of gross domestic product (GDP) G20 additional 2% by 2019 This means increase global GDP by more than 2,000 billion dollars.
No comments:
Post a Comment