The world's most powerful finance ministers and central bank governors on Saturday have agreed to ensure the world's richest economies push for global growth that will create more and better paying jobs.
This was the decision at the G20 meeting in Cairns, Australia, on Saturday where the world's top finance politicians are meeting to discuss the global economic outlook, growth strategies and infrastructure investment.
On Sunday, the focus will be on global tax recommendations put forward by the Organisation for Economic Co-and Development (OECD), which target at multi-national companies which use legal loopholes to avoid paying tax.
Australian Treasure Joe Hockey told reporters the G20 meeting this weekend was designed to build trust between countries as G20 leaders are scheduled to meet in Brisbane in November. "We have the opportunity to change the destiny of the global economy," Hockey told reporters.
He said more than 900 different initiatives have since been put forward by members.
"We are determined to make the world a better place, to grow the global economy, to make more and better paying jobs."
HOT 俄新型空降自行迫榴炮进展曝光 空降兵将迎来“大杀器”