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    Finance and labour ministers gather for a group photo of the G20 Joint Meeting of Finance and Labour Ministers in Ankara, Turkey, September 4, 2015

    G20 Finance Chiefs Say Global Economy Misses Growth Target, Vow Recovery

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    G20 Summit in Antalya (32)
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    G20 financial chiefs pledged decisive action to keep the 'economic recovery on track,' according to the final final communique.

    ANKARA (Sputnik) — The Group of 20 finance ministers and central bankers said in Saturday’s final communique that global growth rates in 2015 fell short of their expectations, and vowed to help global economy recover.

    "We welcome the strengthening economic activity in some economies, but global growth falls short of our expectations. We have pledged decisive action to keep the economic recovery on track and we are confident the global economy will gain speed," the final communique said.

    G20 financial chiefs pledged to monitor developments, assess spillovers and address emerging risks as needed to foster financial stability. They pointed out investment as a top priority goal, which will be achieved through country-specific investment strategies.

    Finance ministers and central bank governors from the G20 group of major economies were meeting in Ankara, Turkey from September 4 to 5.

    G20 Summit in Antalya (32)


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