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작성일 : 10-10-25 09:52
CA Imbalance to Top G-20 Summit Agenda
 글쓴이 : chungwoo
조회 : 2,267  

Limiting current account imbalances will likely top the agenda of the G20 summit in Seoul next month.

In the meeting of G-20 finance ministers and central bank governors that wrapped up Saturday in Gyeongju, North Gyeongsang Province, the G-20 agreed to "pursue a full range of policies conducive to reducing excessive imbalances" and "maintaining current-account imbalances at sustainable levels."

The Strategy and Finance Ministry and the summit preparatory committee said Sunday that the Seoul summit will seek a specific guideline to maintain current account imbalances at sustainable levels based on the Gyeongju agreement.

The summit will likely discuss specific action plans to implement the agreement on currency disputes.

In addition, G-20 countries are expected to work toward a substantial guideline on how international agencies such as the International Monetary Fund monitors currency devaluation