The G20 sees the "robustness" of global economic growth with an increase of 3.9% over the course of the year



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The statements were made by the Minister of Finance of Argentina, Nicholas Dujovne

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July 22, 2018, 5:59 pm

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Buenos Aires – The Countries G20 said Sunday that global economic growth remains "robust" and predicts an increase of 3.9% for this year , a pace that should be similar in 2019.

The statements were made by the Minister of Finance of Argentina, Nicolás Dujovne, representative of the country that holds the temporary presidency of the group.

Alongside the country's central bank president, Luis Caputo, the minister pointed out that the G20 has been discussing over the last two days the short-and medium-term economic risks caused by "recent financial vulnerabilities and tensions. geopolitical ".

million. Dujovne acknowledged that trade is the economic issue was more focused on meetings, especially after the US decision to strengthen protectionist policy with the imposition of taxes on Chinese products. However, according to the minister, there has been a "very constructive dialogue" at the G20.

"We reaffirm that trade and investment spur growth, productivity, innovation, job creation and development. And we pledge to redouble our efforts to strengthen dialogue on these issues. "

23 Ministers, 14 Presidents of Central Banks and 10 Directors of International Organizations Participated in the Buenos Aires Meeting, Christine Lagarde, Director of the International Monetary Fund (IMF)

" There is a consensus on the fact that growth remains robust. We expect the global economy to grow by 3.9% and repeat a similar pace next year, "concluded Dujovne. EFE


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