South Korea’s finance minister has criticised leading world economies for not doing enough to counter a fall in global growth and said Seoul was working on a “comprehensive package” of measures to boost domestic demand.
Choi Kyung-hwan, also deputy prime minister, called on the G20 nations to work together to find ways to revive economic dynamism, adding that the world faced a challenge similar to that leading to the 2008 financial crisis.
“If you go to G20 and central bank governors’ meetings, there are a lot of good discussions . . . but if you look at the results and the actions that take place it is not fully satisfying,” he said. “In that aspect there should be a deeper co-operation that takes place on a global level.”
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