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G20 Aims to Boost Growth by Extra 2% by 2018

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Core Tip:Leaders of the world's largest economies stuck to a goal of lifting their collective output by an extra 2 percent by 2018, even though growth globally remains uneven and weaker than expected.
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Leaders of the world's largest economies stuck to a goal of lifting their collective output by an extra 2 percent by 2018, even though growth globally remains uneven and weaker than expected.

In their final communique from the G20 Summit in Turkey, the leaders vowed to set effective implementation of the growth strategy as their top priority. They plan to support demand and introduce structural reforms to reach that goal. The leaders also agree that they would quote, "carefully calibrate" and "clearly communicate" policy decisions when handling financial market crisis.

The communique also emphasized on exchange rate commitments and pledged to resist protectionism.
 

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