Communiqué - Intergovernmental group of Twenty-four on International monetary affairs and development

Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development welcome the Report of the World Commission on the Social Dimension of Globalization, which provides guidance for placing employment at the center of the MDGs and the development agenda.

2 April 2007

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Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development welcome the Report of the World Commission on the Social Dimension of
Globalization, which provides guidance for placing employment at the center of the MDGs and the development agenda.
Ministers also welcome the continued strengthening in global growth prospects, but note that significant downside risks remain, including ongoing large payments imbalances, the
move toward a higher interest rate environment, the volatility of oil prices exacerbated by downstream supply constraints, and serious geopolitical concerns.