G20 communique from Washington meeting of finance ministers: in full

We, the G20 Finance Ministers and Central Bank Governors, met today to address the economic challenges at hand and to progress on our previous commitments. We reaffirmed that our overriding objective is to improve the living standards of all our citizens through strong economic and jobs growth. We expressed our solidarity with the Japanese people after the tragic events, our readiness to provide any needed cooperation, and our confidence in the resilience of the Japanese economy and financial sector.

The global recovery is broadening and becoming more self-sustained, with increasingly robust private demand growth. But downside risks still remain. We agreed to remain vigilant and to take the actions required to strengthen the recovery and reduce risks.

Events in some Middle-East-North African countries and in Japan have increased economic uncertainty and tensions in energy prices. We noted there is adequate spare capacity to meet global energy demand.

Πηγή: telegraph.co.uk

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