G-20 warns global recovery 'too weak', shadowed by risks
ST PETERSBURG, RUSSIA (AFP) - G-20 leaders warned on Friday that global economic recovery is too weak, with the risk of a further slowdown and some emerging markets showing particular fragility.
And they backed a "Saint Petersburg action plan" to boost growth and employment.
In a reference to concerns by emerging markets about the tapering of stimulus programmes, they vowed that future changes to monetary policy settings will be "carefully calibrated and clearly communicated".
"Despite our actions, the recovery is too weak, and risks remain tilted to the downside," the leaders said in their final communique after their two-day meeting in St Petersburg shadowed by the Syria crisis.