G20 'needs to get global economy growing again'

Brisbane

THE private sector is the chief driver of growth in the economies of the world, and it is the duty of government leaders to instil confidence in their respective business communities.

Making this point on Friday, Singapore Business Federation (SBF) chief executive Ho Meng Kit urged the leaders of the G-20 to ramp up their efforts to implement structural reforms to put the global economy firmly back on the growth track.

Referring to the relatively pallid global economic growth since the end of the financial crisis in an interview in Brisbane, he said: "It's not back to what it was before and the re…