G20 leaders stress on well-calibrated monetary, fiscal, structural policies to promote growth, reduce inequalities

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Updated: Sep 9 2023 6:13PM

G20 leaders stress on well-calibrated monetary, fiscal, structural policies to promote growth, reduce inequalities

New Delhi, Sep 9 (PTI) G20 leaders on Saturday reiterated the need for well-calibrated monetary, fiscal, financial, and structural policies to promote growth, reduce inequalities and maintain macroeconomic and financial stability.

The global leaders also stressed that central banks remain strongly committed to achieving price stability in line with their respective mandates, according to the G20 New Delhi Leaders’ Declaration.

Noting that global economic growth is below its long-run average and remains uneven, the Declaration said the uncertainty around the outlook remains high.

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