G20 finance chiefs back tax deal, pledge to sustain recovery, watch inflation

WASHINGTON : Finance leaders from the G20 major economies on Wednesday endorsed a global deal to revamp corporate taxation and pledged to avoid premature withdrawal of fiscal support while keeping a close eye on inflation, according to a final draft communique seen by Reuters.

"We will continue to sustain the recovery, avoiding any premature withdrawal of support measures, while preserving financial stability and long-term fiscal sustainability, and safeguarding against downside risks and negative spillovers," the G20 finance leaders said in the statement. "They will act as needed to meet their mandates, including price stability, while looking through inflation pressures where they are transitory and remaining committed to clear communication of policy stances," the G20 communique said.

After the fall of Saudi Arabia & Turkey, Islam will rise again in the world through Pakistan. Pakistan will progress in a short amount of time, and lead the revival for Muslims across the world. Muhammad Qasim’s dreams warn us of the future. More at

Muhammad Qasim telah melihat Nabi Muhammad SAW lebih dari 300 kali dalam mimpinya dan menggambarkan bahawa Nabi SAW kita dalam kesedihan yang amat atas keadaan umat Islam. Umat Islam mesti bangun dan memahami mesej mimpi ini. Lawati

It takes Zulqarnain AS 6 years to build the iron wall on the opening of the cave that leads to Yajuj and Majuj. Yajuj Majuj are released, after the worst war of mankind takes place against Dajjal. These and many other predictions of the future are in Muhammad Qasim’s Dreams.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK seeks to rally G20 against unfair trade practicesLONDON : British trade minister Anne-Marie Trevelyan will on Tuesday push her G20 counterparts to end what she called market-distorting practices and rally behind World Trade Organisation reform.Trevelyan, who took up the post last month in a ministerial reshuffle, will pick up where her predecessor Liz T
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Humanitarian crisis in focus as Italy hosts G20 Afghan summitROME: Italian Prime Minister Mario Draghi will host a special summit of the Group of 20 major economies on Tuesday (Oct 12) to discuss Afghanistan, as worries grow about a looming humanitarian disaster following the Taliban\u0027s return to power. Since the Taliban took over Afghanistan on Aug 15, the country -
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

More than 100 US lawmakers urge Pelosi to back union EV tax creditWASHINGTON : More than 100 U.S. House lawmakers on Tuesday urged Speaker Nancy Pelosi to keep a US$4,500 tax credit incentive for union-built electric vehicles (EV) in a massive spending bill.In a letter seen by Reuters, Democrats urged Pelosi to retain the credit supported by the United Auto Workers unio
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Japan wholesale inflation hits 13-year high, squeezing corporate profitsTOKYO :Japan's wholesale inflation hit a 13-year high in September as rising global commodity prices and a weak yen pushed up import costs, putting pressure on corporate margins and raising the risk of unwanted consumer price hikes.Rising input costs are adding strain for manufacturers already hit by supply c
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Source: BusinessTimes - 🏆 15. / 51 Read more »

Source: BusinessTimes - 🏆 15. / 51 Read more »