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News Link • Economy - International

G20 deputies say central bank fix not enough for ailing economy

• Reuters

Central bank stimulus is not enough to fix the ailing global economy and governments must increase their efforts to boost growth, Group of 20 officials agreed on Monday.

Deputy finance ministers and central bankers of the G20, which is made up of wealthy nations and leading emerging economies, met in Mexico City on Sunday and Monday amid a deepening sense of doom around the global economic outlook.

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