G20: increased growth risks, including for trade – Economy



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"World economic growth remains robust and unemployment has been at a minimum for a decade, but growth has been less synchronized recently and downside risks in the short and medium term have increased, including financial weaknesses, trade tensions and geopolitics, global imbalances, inequalities and weak structural growth, particularly in some advanced economies ". The G20 baderts in the final press release issued at the end of the meeting .

"International trade is an important driver for growth, productivity, innovation, job creation and development" press release

"We are in favor of" a fair, sustainable and modern international tax system. We remain determined to work together to find a solution that takes into account the impact of the digitization of the economy on the international tax system by 2020, "said the statement, in which we also read : "Technological innovations, including technologies However, crypto badets have problems in the protection of consumers and investors, market integrity, tax evasion, money laundering and of terrorism.

& # 39; & # 39; If growth slows down it is obvious that economic maneuvers are more complicated – said the Minister of Economy Giovanni Tria al G20 -. What we have clarified is that the budget maneuver will take into account the need to begin the gradual implementation of the government program, but it has also been clarified that in the face of a slowdown, pro-cyclical maneuvers will not be undertaken. . "19659002] Tria had several bilateral meetings on the sidelines of the G20 in Buenos Aires including those with US Treasury Secretary Steven Mnuchin, Director of the International Monetary Fund Christine Lagarde and Secretary General of Ose Jose & Angel Gurria The Ministry of the Economy also speaks of "constructive exchanges of views" with its counterparts in China, Japan, Canada and Argentina

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