G20 leaders target trillions in new economic growth

November 16, 2014 7:21 AM

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G20 leaders target trillions in new economic growth

BRISBANE: G20 leaders representing the bulk of the world's economy on Sunday (Nov 16) committed to reform measures to lift their collective growth by an extra 2.1 per cent by 2018, despite evidence of a slowdown in some major nations.

The pledge - known as the Brisbane Action Plan - will push their combined growth beyond the 2 per cent they were initially targeting in the drive to rehabilitate sluggish global economies and generate jobs. "This will add more than US$2 trillion to the global economy and create millions of jobs," le...

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