G7 vows appropriate action to secure financial system
(VOVWORLD) -G7 finance chiefs said that financial system remains resilient and they will take appropriate action to secure the financial system, according to a joint statement after a three-day meeting on Saturday, in Niigata, Japan.
 People shop at a supermarket in Duesseldorf, Germany. Photo: AFP/VNA
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“We will continue to work closely with supervisory and regulatory authorities to monitor financial sector developments and stand ready to take appropriate actions to maintain financial stability and the resilience of the global financial system,” the joint statement said.
The finance ministers also said they will launch efforts to build supply chains with developing countries by the end of this year. G7 countries need to flexibly implement macroeconomic policies amid current global uncertainties, according to the statement.