Australian Treasurer says G20 must focus to lift global growth

SYDNEY Wed Feb 19, 2014 6:41pm EST

SYDNEY Feb 20 (Reuters) - The world's 20 major economies must cooperate and improve macroeconomic coordination to lift growth, create jobs and return government budgets to a more sustainable footing, Australian Treasurer Joe Hockey said on Thursday.

Sharing information to promote understanding of each others' policies was the first step in achieving better coordination, Hockey said in a speech to the Institute of International Finance in Sydney.

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