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Govt urges G20 to tackle negative spillovers of global monetary policies

Govt urges G20 to tackle negative spillovers of global monetary policies

Minister of State for Finance Jayant Sinha also expressed concern over the monetary policies of some of the developed countries, a finance ministry statement said.

Rajesh Kumar Singh
  • New Delhi,
  • Updated Feb 11, 2015 5:03 PM IST
Govt urges G20 to tackle negative spillovers of global monetary policiesG20 finance ministers and central bank governors pose for the media during family photo in Istanbul February 10, 2015. (Photo: Reuters)

The government has urged the G20 (or Group of 20) nations to put in place an effective mechanism to deal with negative spillovers of unconventional monetary policies pursued by advanced economies, the finance ministry said in a statement on Wednesday.

At a meeting of finance officials from the G20 leading economies in Istanbul, the Minister of State for Finance Jayant Sinha also expressed concern over the monetary policies of some of the developed countries, the statement added.

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(Reuters)

Published on: Feb 11, 2015 4:34 PM IST
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