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APEC finance ministers warn persistent global imbalances risk growth and stability

World 2 sources 2 countries 🔦 Under-reported 34m ago

Senior Pacific Rim finance officials concluded a two-day meeting in Hong Kong with a joint statement warning that persistent global economic imbalances pose ongoing risks to economic growth and stability. In response to these challenges, the APEC finance ministers have pledged to enhance cooperation and communication among member economies.

The discussions highlighted the shared concerns of regional leaders regarding the health of the global economy. By committing to closer coordination, the officials aim to address the structural disparities that threaten future financial stability across the Pacific Rim.

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Read the full story at the source Toronto Star (Toronto, Canada) · CA ↗
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