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G-20 finance meeting ends with emphasis on fiscal soundness


The G-20 Finance Ministers and Central Bank Governors Meeting in Busan held on Jun. 4 and 5 for the first time in Korea at the Westin Chosun Hotel in Haeundae, Busan concluded with a communiqué that underlined the importance of fiscal soundness.

A total of 40 financial ministers from G-20 nations and governors from central banks participated, as well as governors of international organizations including the International Monetary Fund (IMF), World Bank (WB), Financial Stability Board (FSB) and Organization for Economic Co-operation and Development (OECD).

The meeting mostly focused on reviewing progress on the agenda items for the coming G-20 Summits scheduled for this year, the first in Toronto, Canada, in late June and the other in Seoul in November.

http://www.korea.net/news.do?mode=detail&guid=47386
February 2014
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