"The global economy has shown resilience against multiple shocks, including the pandemic, Russia's war against Ukraine and inflation. However, we must remain vigilant, and we must be agile and flexible in our macroeconomic policies in a context of heightened uncertainty about the global economic outlook," said the ministers of economy and finance of the G7 countries in the final communiqué at the end of the meeting in Japan.
'Support for Ukraine and condemnation of Russian war' "We reiterate our firm support to Ukraine for as long as necessary and join our condemnation of Russia's illegal, unjustifiable and unprovoked war of aggression against Ukraine." This is the first point of the final communiqué of the G7 financial summit. "We are firmly committed to continuing to address Ukraine's urgent short-term financing, as well as supporting neighbouring countries and other severely affected countries." The commitment to the reconstruction and repair of Ukraine's critical infrastructure was also highlighted.
"We are determined to urgently tackle climate change, through large-scale action in this critical decade, in order to keep the global temperature increase within the 1.5 degree limit." This is what the G7 economic ministers held in Japan write in the final communiqué. The text underlines the "need to strengthen international cooperation and coordination on climate change mitigation policies within the G7" and commits to "increase our joint efforts to mobilize climate finance, with the aim of addressing the two objectives of climate mitigation and adaptation".
ANSA Agency
Visco, 'uncertainty is very high for war, beware of judgments' - Economy
The governor: 'War, energy, tension with China weigh'. 'Banks are cautious, they feel the risks of the economy' and 'a great diplomatic effort is needed with China' (ANSA)