Australian Treasurer says G20 must focus to lift global growth

Thu, 20 Feb - 9:41am

SYDNEY, Feb 20 (Reuters) - The world's 20 major economies must cooperate and improve macroeconomic coordination to lift growth, create jobs and return government budgets to a more sustainable footing, Australian Treasurer Joe Hockey said on Thursday.

Sharing information to promote understanding of each others' policies was the first step in achieving better coordination, Hockey said in a speech to the Institute of International Finance in Sydney.

(Reporting by Ian Chua; Editing by Paul Tait)

((ian.chua@thomsonreuters.com)(+6129373 1871)(Reuters Messaging: ian.chua.thomsonreuters.com@reuters.net))

Keywords: G20 AUSTRALIA/HOCKEY

URN: 
urn:newsml:reuters.com:20140219:nS9N0LO006:7
Topics: 
JP EZC BR PIA CA G7 G8 RTRS INT BOJ DE FED GVD EUROPE TAX US AU EUROP DIP FRX EMRG ASIA POL DBT LEN NEWS1 GEN CEN PLCY G20 WEU MCE ASEAN CN GFIN LATAM IMF AMERS CEEU

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