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The government has urged the G20 (or Group of 20) nations to put in place an effective mechanism to deal with negative spillovers of unconventional monetary policies pursued by advanced economies, the finance ministry said in a statement on Wednesday.
At a meeting of finance officials from the G20 leading economies in Istanbul, the Minister of State for Finance Jayant Sinha also expressed concern over the monetary policies of some of the developed countries, the statement added.
(Reuters)
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