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着眼于促进全球经济增长

2015-02-11来源:和谐英语

In analyzing the global economy, finance officials, from the Group of 20 leading economies, are painting an uncertain outlook for growth.

Stimulating global growth, the main concern of the G20 summit. Finance ministers and central bankers talked strategy during the two-day meetings held in Istanbul, Turkey.

Talk they usually do, but some leaders say keeping their promises seems to be an issue. "If these commitments are delivered, the global GDP will grow 2 percentage points higher by year 2018 compared to business as usual scenario. So there is a very important quantifiable target which we have in front of us now, which can be reached, but only if implementation is there," Said Ali Babacan, Turkish Deputy Prime Minister.

International Monetary Fund Chief Christine Lagarde agrees. The pledge, called the Brisbane Action Plan, includes about one-thousand commitments, but is now likely to be cut down to a more manageable number for each country. Lagarde says coming through on those pledges could add more than two trillion dollars to the global economy and create millions of new jobs during the next four years.

However, some actions are easier said than done. Challenges remain, major economies are running at different speeds and monetary policies are diverging.

Nevertheless there were some at the summit who kept an optimistic tone. Christian Noyer, the governor of the Bank of France, noted that he saw no sign of a currency war, an issue that has grown since the European Central Bank announced its plan to buy about one trillion euros of government bonds in an effort to improve the economy.

While there was no specific mention of Greece, its efforts to get a new debt agreement with the euro zone , was no doubt, discussed on the sidelines. As the country is nearing its deadline to sign a deal with its creditors in Europe and the IMF, there were many who expressed distress over the current ambiguity.

One other major topic of discussion has been fighting terrorism. The US and Turkey expressed strong commitment to combat financial networks supporting Islamic State militants and this was a major demand by Japan and France, who have both been recent victims of terrorism.

Summing up the meetings, a communique was released stating G20 leaders vowed to continuously review their monetary and fiscal policy and act decisively, if needed.