Ninth G20 Summit Held In Brisbane

The 2014 G-20 Australia summit was the ninth meeting of the G-20 heads of government. It was held on 15-16 November 2014 in Brisbane, Australia. At the conclusion of the Summit, the G20 leaders released the final communiqué known as the Brisbane Action Plan. The Action Plan contains a package of more than 800 reforms to boost global growth, shore up financial institutions and improve economic resilience. If these are implemented, then global growth will see an increase of 2.1 percent. After recovery from the global financial crisis the G20 agreed on the need for bold and coordinated push to generate strong, sustainable economic growth across the bloc. It set an ambitious goal to lift G20 growth by more than 2 percent to 2018 and millions of additional jobs. China will play host to the Group of Twenty (G20) Summit of the emerging economies in 2016. Turkey took over the presidency from Australia and will host the event in Antalya in 2015.


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