Washington: Finance chiefs of the G20 on Friday called for Washington to quickly resolve the political paralysis over its budget and debt ceiling.
“The US needs to take urgent action to address short-term fiscal uncertainties,” the group of leading economies said in a statement.
Meeting in Washington, the finance ministers and central bankers of the economic powers warned that there were still risks to global economic growth, and that many countries faced “unacceptably high unemployment.”
Asked about the G20 discussions, Anton Siluanov, the Russian finance minister whose country holds the presidency of the group this year, said they were mostly optimistic about the US reaching a timely solution to the problem, which he said impacts other countries.
“We wish for this crisis to be resolved as soon as possible,” he said in a press conference.
“We trust that the administration and Congress will arrive at a mutually acceptable solution.”
Dear TNT Reader,
At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.
Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.
But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.
Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.
Donate Monthly Subscription Annual Subscription