G20 countries worry economic weakness could spread: Japan’s Aso

Written by on April 12, 2019

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Japanese Finance Minster Taro Aso at the IMF and World Bank Spring Meetings in Washington
Japanese Finance Minster Taro Aso leaves the G-20 Finance Ministers and Central Bank Governors’ meeting at the IMF and World Bank’s 2019 Annual Spring Meetings, in Washington, April 12, 2019. REUTERS/James Lawler Duggan

April 12, 2019

WASHINGTON (Reuters) – Global policymakers worry that weakness in key economies could spread and cause the world economy to slow more than expected, Japanese Finance Minister Taro Aso said on Friday.

“The balance of risks remains skewed to the downside,” Aso said in a news conference following a meeting of finance ministers and central bankers from the Group of 20 industrialized countries.

“We recognize the risk that growth prospects might deteriorate if weakening in key economies feed into each other.”

(Reporting by David Lawder and Leika Kihara; Writing by Jason Lange; Editing by Paul Simao)

Source: OANN


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