I'd like to cancel this standing order http://imagefapbeta.in.net/ imagefab.com 4. To place the global economy on a stronger, moresustainable and more balanced growth path, we will intensify ourpolicy actions and develop a comprehensive St Petersburg ActionPlan. We agreed that our near term priority is to boost jobs andgrowth. We are committed to further reducing financial marketfragmentation, moving ahead decisively with reforms towards abanking union in Europe, continuing monetary support whereneeded, calibrating the pace and composition of fiscalconsolidation plans to economic conditions and fiscal space,continuing to implement or putting in place credible medium termfiscal strategies in advanced economies, rebalancing globaldemand, and taking measures to support growth, stability andresilience in emerging market economies. Equally important, weagreed that to strengthen our medium term growth potential, theSt Petersburg Action Plan must include a comprehensive series ofstructural reforms that will increase productivity, labor forceparticipation and employment. To this end, we have reviewed ourstructural reform agenda and agreed to address the gaps in ourpolicy commitments with actions that clearly contribute to ourcollective objective of achieving strong, sustainable andbalanced growth.
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