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Growth is our priority say G7 chiefs (2)

Use every available tool to support global demand

Redazione Ansa

(ANSA) - Ise-Shima, May 27 - The leaders of seven leading industrialized nations including Italy said in a final statement at the end of a two-day summit Friday that "global growth is our urgent priority". Every available "tax, monetary and structural" tool must be deployed to "support global demand (while) bringing debt to sustainable levels", the Group of Seven (G7) chiefs said. "We intend to ensure an appropriate level of public investments," said the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
    The risk of a new global economic crisis must be averted via growth-oriented policies such as a mix of public spending and high-quality investments to shore up "productivity, employment, inclusion, and growth", the statement said.
   

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