The Traderszone Network

Published in TZ Latest News 16 July, 2014 by The TZ Newswire Staff

Global business leaders push for infrastructure funding overhaul

International business leaders are lobbying the Group of 20 bloc of advanced and developing countries to tackle a $57 trillion shortfall in global infrastructure, pressing for changes to funding rules they say would help big projects move ahead. The Business 20 Group, which is holding a summit in Sydney this week, criticized cumbersome global rules that make it hard for large pension funds and insurance companies to invest in major infrastructure projects.

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