In the G20 called risks to the global economy

В G20 назвали риски для мировой экономики

Despite global economic growth, many developing countries face risks of volatility and capital outflows.

The main short and medium-term risks to the global economy are growing financial vulnerability, increasing tension in the trade and geopolitics, and structural inequality and weak growth. This is stated in the communiqué of the meeting of Ministers of Finance and heads of Central banks G20 in Buenos Aires.

It is noted that the global economy continues to grow, but developing countries are struggling with the volatility of markets (the financial measure of the variability of prices) and the outflow of capital.

At the same time, global economic growth continues to remain steady, the unemployment rate is now the lowest in ten years, the document says. However, in recent years growth has been less synchronous, say the Ministers and heads of regulators.

The parties intend to “continue to monitor the risks” of trying to alleviate them and “taking action if these risks materialists”.

Many emerging economies are now “better prepared to changing external conditions, but they still face the risk of volatile markets and capital outflows,” reads the document.

Earlier, the IMF called the key risks to economic growth.

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