Arab Today, arab today asean3 finance ministers see global improvement but risks remain
Last Updated : GMT 06:01:51
Arab Today, arab today
Arab Today, arab today

ASEAN+3 finance ministers see global improvement but risks remain

Arab Today, arab today

Arab Today, arab today ASEAN+3 finance ministers see global improvement but risks remain

Astana - XINHUA

Asian finance ministers agreed at a meeting here Saturday that the global economy was on the up but cautioned that challenges remained. Finance ministers and central bank governors of the 10 ASEAN countries as well as China, Japan, and South Korea, or ASEAN+3, discussed the macro-economic situation in East Asia and regional financial cooperation at their 17th meeting. The meeting concluded developed economies were improving but the global economic recovery still faced challenges and its foundation remained fragile. They said the strong growth in East Asia was fuelled by robust domestic demand and appropriate macro-economic policies, but it faced challenges from tight external investment and internal structural problems. The meeting suggested each economy adjust macro-economic policies to address their own needs and deepen structural reforms to counter internal and external risks and challenges. In the meantime, the meeting urged all sides to further strengthen regional financial cooperation and coordination in their policy-making to facilitate healthy growth of the regional economy. At the meeting, Chinese Finance Minister Lou Jiwei briefed his counterparts on China's economic situation and addressed concerns about China's slowing pace of growth. He said China's GDP grew 7.4 percent in the first quarter of this year while over 3 million new jobs were added. The inflation level was kept at 2.3 percent in the three-month period. He stressed that China's reduction in the pace of growth was rational and a result of rebalancing its economic structure. China would ease restrictions, adopt tax reforms, deepen development of the service sector, promote the process of urbanization, and reform the social welfare system to drive growth rather than employing large-scale short-term incentive policies, he said. A joint statement was issued at the end of the meeting.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asean3 finance ministers see global improvement but risks remain Arab Today, arab today asean3 finance ministers see global improvement but risks remain

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:38 2017 Friday ,24 March

Pass health bill Friday or he'll move on

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday