Draft G20 communique optimistic of 'soft landing'

By Reuters

Jul 25, 2024 12:28 am

RIO DE JANEIRO, Brazil — Group of 20 (G20) finance leaders are expected to cheer the growing likelihood of a global economic 'soft landing' while warning of the risks from unspecified 'wars and escalating conflicts,' according to a draft communique seen by Reuters on Tuesday.

Speaking to the press, Brazil's G20 finance track coordinator, Tatiana Rosito, said negotiations were ongoing, but she 'firmly' believed there would be consensus for an extensive joint statement, reflecting the work done so far.

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