4. We welcome the strong global economic growth while recognizing it has been increasingly less
synchronized between countries and some of the key risks, including financial vulnerabilities and
geopolitical concerns, have partially materialized. We also note current trade issues. We reaffirm our
pledge to use all policy tools to achieve strong, sustainable, balanced and inclusive growth, and
safeguard against downside risks, by stepping up our dialogue and actions to enhance confidence.
Monetary policy will continue to support economic activity and ensure price stability, consistent with
central banks’ mandates. Fiscal policy should rebuild buffers where needed, be used flexibly and be
growth-friendly, while ensuring public debt is on a sustainable path. Continued implementation of
structural reforms will enhance our growth potential. We reaffirm the exchange rate commitments
made by the Finance Ministers and Central Bank Governors last March. We endorse the Buenos Aires
Action Plan.
