G-20 Communique Following Sept. 20-21 Meetings in Cairns (Text)
Following is the text of the communique issued by the Group of 20 finance ministers and central bank governors after Sept. 20-21 meetings in Cairns, Australia.
1. We welcome the stronger economic conditions in some key economies, although growth in the global economy is uneven and remains below the pace required to adequately generate much needed jobs. Downside risks persist, including in financial markets and from geopolitical tensions. The global economy still faces persistent weaknesses in demand, and supply side constraints hamper growth. We need strong, sustainable and balanced growth and robust financial sectors to safeguard our economies from these risks and put people into jobs. We are united and determined in our response to these challenges.