No G20 conclusion on growth target - Japan MOF official

Sat, 22 Feb - 9:39pm

SYDNEY, Feb 22 (Reuters) - Group of 20 finance leaders have yet to reach a conclusion on setting a numerical target for global growth, with a decision likely on the second day of talks on Sunday, a senior Japanese finance ministry official said.

Any numerical target will signal the group's "ambition" rather than being a hard, binding goal, the official told reporters after attending the first day of talks in Sydney on Saturday.

The plan pursued by Australia is to come up with the global growth target now, then have each country develop action plans and growth strategies for delivery at the November G20 summit, he said.

(Reporting by Leika Kihara; Editing by Lincoln Feast)

((Lincoln.Feast@thomsonreuters.com; +61 2 9373 1826; Reuters Messaging: lincoln.feast.thomsonreuters.com@reuters.net))

Keywords: G20 AUSTRALIA/JAPAN

URN: 
urn:newsml:reuters.com:20140222:nL3N0LR08K:10
Topics: 
JP EZC BR PIA CA G7 G8 RTRS INT BOJ DE FED GVD EUROPE US AU EUROP DIP FRX ASIA EMRG POL DBT LEN NEWS1 GEN CEN WEU PLCY MCE G20 ASEAN CN GFIN LATAM CEEU AMERS IMF

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