Economics

Global Finance Chiefs Pledge to Use All Tools to Aid Growth

IMF steering committee issues statement at annual meetings
‘Fiscal space should be used to support demand as needed’

An International Monetary Fund Committee (IMFC) plenary session on Oct. 18.Photographer: Al Drago/Bloomberg

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By Jeff Kearns, Rene Vollgraaff, and Enda Curran

October 19, 2019 at 5:00 PM UTC

Updated on

October 19, 2019 at 5:25 PM UTC

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Global finance ministers and central bankers pledged to use all their tools, including fiscal policy, to support demand amid a “highly uncertain” outlook and elevated risks.