World Economy

aso: It is true that there have been positive views about the world economy, but there are growing uncertainties about the outlook, according to The Japan Times. We sometimes see disorderly movements in markets as well, Aso said. Speaking to reporters after the first day of a two-day meeting in Washington, Aso said it was significant that the G-20 underscored the commitment when the world economy is gradually picking up but given growing uncertainties over the outlook such as geopolitical risks over North Korea and Syria. The G-20 needs to continue coordination in ensuring stability in markets and the economy, he added. Aso also said the G-20 members reiterated their resolve to use all policy tools monetary, fiscal and structural individually and collectively to achieve our goal of strong, sustainable, balanced and inclusive growth. Citing a communique the G-20 finance ministers and central bank governors issued last month in Germany, Aso said he and his G-20 peers reaffirmed that excess volatility and disorderly movements in exchange rates can have adverse implications for economic and financial stability. (news.financializer.com). As reported in the news.