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G7 recognizes need to bolster demand, resolve supply curb – Abe
May 18, 2016 10:34 amVideo
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Japanese Prime Minister Shinzo Abe Group of Seven leaders acknowledge the necessity to amplify demand and remove factors that affect supply despite prevailing perils to the global economy.
During a debate with opposition leaders, the premier argued there are downside risks to the overall economy, including China’s economic degeneration.
Japan is scheduled to host the meeting of G7 next week, in which they are expected to discussed muted global growth.
Abe said G7 leaders held a mutual understanding on the dangers encompassing the global outlook, but reiterated they are confident such risks won’t materialize.
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