20 finance ministers and central bankers from 19 countries, and the European Union, have concluded their meeting in Moscow. Among the developments, the meeting approved a plan to boost jobs and growth, and to deal with global debt.

The participants of the two-day financial G20 meeting in Moscow said the global economy remained weak. Its recovery was still fragile and uneven. They set as top priorities boosting growth and creating jobs.

In the final communique, the financial G20 vowed to focus on finding ways to exit central bank stimulus while minimizing damage for the global economy.

"We said that in any case, the policy of low interest rates by banks has remained and will remain the same. This is a key decision which means that money will be cheap," said Anton Siluvanov, Finance Minister of Russia.

Speaking about reducing budget deficits and debt management, Siluvanov also said the G20 needed to make every effort to ensure growth of the economy and quote "once we have that we can start tackling fiscal consolidation". The communique also said that future changes to monetary policy among the 19 biggest economies and the European Union will be carefully calibrated and clearly communicated.

"03:20 We agreed to establish information exchange about the actions of monetary authorities. Measures will be taken to achieve clear, predictable policy," Finance Minister of Russia said.

The financial G20 also approved a plan drawn up by the Organization for Economic Cooperation and Development to crack down multinational companies trying to avoid taxes. The measure was aimed at getting companies like Apples, Starbucks and Google to pay more taxes.

The global economic fragility appears to have helped unite the financial G20 in a fight against tax avoidance and to seek balanced stimulation of global growth while reducing local deficit. The meeting in Moscow paved the way for the G20 heads of state summit in Saint Petersburg in September.