Group of seven (G-7) finance meeting has concluded, touching upon global economic trends, financial support for Ukraine and multilateral development banking. After three three-day meetings in Italy’s Stresa yesterday, G-7 finance ministers and central bank governors noted that the global economy showed greater resilience than expected against multiple challenges. The labour market remains relatively robust and inflation has continued to moderate, the G-7 communique said.
The G7 is an informal forum that holds an annual summit to discuss economic policy and security issues. The member countries are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
