U.S., Japan fiscal plans escape mention in G20 communique
MOSCOW (Reuters) - The United States and Japan escaped specific mention in a final communique issued on Saturday by the Group of 20 economies that called for credible medium-term fiscal strategies in advanced economies.
The statement, issued after a two-day meeting of G20 finance ministers and central bankers, also tweaked earlier wording to say the G20 was determined to "accelerate", instead of "continue", progress towards rebalancing global demand.
An earlier draft had named the United States and Japan in relation to medium-term fiscal plans - but only in brackets, indicating that the wording had not been agreed. Both countries have run large budget deficits to stimulate their economies.
- White House reverses, says Obama met uncle and lived with him during law school
- South Africa mourns Mandela, will bury him on December 15 |
- U.S. television, Twitter, alive with new version of 'Sound of Music'
- RPT-UPDATE 1-Ford leans on global Mustang to burnish overseas image
- Ford leans on global Mustang to burnish overseas image