Tuesday, December 21, 2010

G20 summit commitment to closing the deficit by half by 2013.

<P> G20 summit resolutions of fresh-baked Toronto, Canadian Prime Minister Stephen Harper announced at the closing session of basic aspects of countries in deficit reduction agreement. </ P> <P> "the current G20 has achieved important results," Harper .said. </ P> <P> G20 start, Canada to promote the G20 countries in 2013 to cut their deficit in half by 2016 GDP level of its deficit and balance the goal. The United States has expressed opposition, but in the end, and other .G20 countries to stand together. </ P> <P> Prime Minister Stephen Harper pointed out that the G20, the world will continue to focus the major economic issues including China's exchange rate reform and the U.S. financial regulatory reform. In addition, trade protectionism, the .the summit decided to continue the implementation of the first in the next three years against the trade protectionism on the consensus reached. </ P> <P> G20 has just been published as the draft resolution, said, "After the global financial crisis, strive to ensure the recovery of employment ., continuing to reform and strengthen the financial system and to create strong, sustainable and balanced global economic growth. "</ P>.

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