Mexico finance minister urges fiscal stimulus from able G20 nations

MEXICO CITY Sun Nov 4, 2012 8:50am IST

Mexico's Finance Minister Jose Antonio Meade looks on during the G20 Ministerial Seminar ''A Green and Inclusive Economy: The Finance Ministers' Perspective'' in Rio de Janeiro June 21, 2012. REUTERS /Ueslei Marcelino/Files

Mexico's Finance Minister Jose Antonio Meade looks on during the G20 Ministerial Seminar ''A Green and Inclusive Economy: The Finance Ministers' Perspective'' in Rio de Janeiro June 21, 2012.

Credit: Reuters /Ueslei Marcelino/Files

Related Topics

MEXICO CITY (Reuters) - G20 countries that are able to provide fiscal stimulus should do so to support growth, Mexican Finance Minister Jose Antonio Meade said on Saturday.

Other countries need to focus on grappling with their deficits, and all G20 nations should coordinate their fiscal policies, Meade told reporters.

"Each country has to find the best policy based on its own limitations, its own reality," Meade said. "But that public policy has to be coordinated so that those countries that have the space to continue to foster demand do so and those countries that have to make (fiscal) adjustments do so as well."

(Reporting by Louise Egan; Editing by Peter Cooney)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Market Eye

REUTERS SHOWCASE

Bullish on Equities

Bullish on Equities

Bullish on Indian equities, but gains seen 'less sharp'- Goldman Sachs  Full Article 

Streamlining Operations

Jet Streamlines

Jet Airways chairman says looking to restructure debts, talking to bankers  Full Article 

Political Economy

Political Economy

Analysis - Watch what markets don't do as world politics turns nasty   Full Article 

Photo

Honda's India Thrust

Honda's India unit to account for 25 pct of Asia Pacific sales by March 2017 - exec   Full Article 

Short of Expectations

Short of Expectations

Apple revenue lags Street's view despite strong China growth  Full Article 

Mircosoft Results

Microsoft Results

Microsoft revenue rises, profit falls as Nokia absorbed  Full Article 

Relief For Sahara

Relief For Sahara

Supreme Court could allow Sahara boss to conduct asset sale talks, company says.  Full Article 

Photo

Food Scandal

Five held in China food scandal probe, including head of Shanghai Husi Food   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage