G20 finance chiefs see 'good prospects' for global soft landing, draft communique says


  • World
  • Wednesday, 23 Oct 2024

A view shows a task force meeting of the Global Alliance against Hunger and Poverty in Rio de Janeiro, Brazil, July 24, 2024. REUTERS/Tita Barros/File Photo

WASHINGTON (Reuters) - Finance chiefs from the G20 see "good prospects" for a soft landing for the global economy, and they have committed to resist protectionism, according to a draft communique seen by Reuters ahead of the group's meeting this week.

"We observe good prospects of a soft landing of the global economy, although multiple challenges remain," according to the draft, which a source said may still be revised before the conclusion on Thursday of the G20 finance ministers meeting on the sidelines of the annual meetings of the International Monetary Fund and World Bank.

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