February 23, 2014 / 2:17 AM / 5 years ago

Commitment on central bank communication unlikely at G20: Canada Fin Min

Canada's Finance Minister Jim Flaherty speaks during Question Period in the House of Commons on Parliament Hill in Ottawa February 13, 2014. REUTERS/Chris Wattie

SYDNEY (Reuters) - Canadian Finance Minister Jim Flaherty said he does not expect a commitment for advanced economies to articulate monetary policy more clearly to be in the Group of 20 (G20) communique due later on Sunday.

Flaherty said the figure for additional global growth that members at the meeting of finance members of the group in Sydney were seeking agreement on would be framed as an aspiration, rather than a target.

Asked if the communique would say advanced countries should communicate monetary policy clearly, he said: “I don’t think so.”

Reporting by Louise Egan; Writing by Lincoln Feast; Editing by John Mair

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