G2O hopes to grow global economy by $2 trillion


Parliamentary Secretary to the Treasurer Steven Ciobo is positive Australia will achieve its part in the $2 trillion global growth he hopes will come from the G20 held in Brisbane this weekend.

A goal set last February in Sydney to boost global economic growth by 2% equates to tens of millions of jobs.

Mr Ciobo said the G20 will be ‘the icing on the cake’ to ensure growth in Australia’s economy.

“This is about empowering tens of millions of people and changing people’s lives for the better,” Mr Ciobo said.

“Our focus is that delegates are able to achieve the outcome that the finance ministers have been hoping for over the course of the last nine or so months.”

Thinking locally, Mr Ciobo said the G20 was a great chance to showcase Brisbane and expose international leaders to Queensland culture.

Mr Ciobo is Australia’s Alternate Governor to the World Bank, Asian Development Bank and the European Bank for Reconstruction and Development and initiated plans to privatise the Royal Australian Mint.

In his role as Federal Member for Moncrieff, Mr Ciobo supports the repeal of the carbon tax in order to reduce the cost of living for Gold Coast families.

Queensland Governor Paul de Jersey’s office tweeted this photo of he and Mr Ciobo meeting with Korean Deputy PM and Finance Minister Kyung Hwan Choi on Wednesday.

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