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Proposal for investment targets faces opposition

Finance chiefs likely to reject plan to set countries specific goals

Published Mon, Feb 9, 2015 · 09:50 PM

Istanbul

GROUP of 20 finance officials look likely to reject a proposal to set countries specific investment targets to spur a global economy which looks increasingly reliant on the US for growth.

The meeting of finance ministers and central bankers in Istanbul comes as Greece casts a new shadow over Europe, cheap oil plays havoc with inflation and growth forecasts and a strengthening dollar threatens emerging economies.

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