Thomson Reuters Foundation

Inform - Connect - Empower

More needs to be done to hit 2 pct G20 additional growth target -Turkey's deputy PM

Source: Reuters - Mon, 7 Sep 2015 08:09 GMT
Author: Reuters
Tweet Recommend Google + LinkedIn Email Print
Leave us a comment

(Corrects target description in headline and para 1)

Sept 6 (Reuters) - More needs to be done to achieve an additional 2 percent increase in growth over five years as targeted by G20 countries at a summit last year in Australia, Turkey's Deputy Prime Minister Cevdet Yilmaz said on Sunday.

Turkey holds the G20 presidency this year and has just finished hosting a meeting of finance ministers in the capital Ankara, from where Yilmaz was speaking.

Yilmaz also said that an interest rate hike by the U.S. Federal Reserve in the coming months would not have a fundamental impact on emerging markets, describing the expected move as a "normalisation". (Reporting by Dasha Afanasieva and Orhan Coskun; Writing by Jonny Hogg; Editing by Louise Ireland)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus
Most Popular
LATEST SLIDESHOW

Latest slideshow

See allSee all
FEATURED JOBS
Featured jobs