Japan finance minister Aso: Global economy on firm note

Author: Greg Michalowski | Category: News

Japan finance Minister highlights from comments to reporters in Bali

Japan finance minister Aso is on the wires saying:
  • government carefully watching financial markets moves, including forex
  • stock markets falling sharply globally, Forex volatility seen but no change to view global economy on firm note
  • told G20 must be vigilant to increasing capital outflows from emerging economies, some risks to global economy materializing
  • protectionism benefits no country, trade imbalances must be dealt with in multilateral, not bilateral manner
  • held bilateral meeting with US Treasury Secretary Mnuchin, discussed various themes on global economy

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