G20 Leaders Agree On Measures Aimed At Adding $2 Trillion To Global Economy

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AUSTRALIA, Nov 16 – World leaders at the G20 summit have agreed to a series of measures aimed at boosting the global economy by more than $2 trillion. The plans, if they’re fully put into action, would lift the combined gross domestic product of G20 nations by an extra 2.1% by 2018, a communique from the summit said on Sunday.

“We can do more for our people and the wider world when we work together,” Australian Prime Minister Tony Abbott, who hosted the summit, told journalists. The G20 is a group of the biggest advanced and emerging economies on the planet, accounting for two-thirds of the world’s population, 85% of global gross domestic product.

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