THE G20 nations on Saturday pledged to use all policy tools, including monetary, fiscal and structural ones to strengthen global recovery that has remained uneven.

"The global recovery continues, but it remains uneven and falls short of our ambition for strong, sustainable and balance growth," noted a communique issued after the two-day G20 Finance Ministers and Central Bank Governors Meeting in Shanghai.

The policymakers cited volatile capital flows, slumping commodity prices, escalated geopolitical tensions, a potential UK exit from the European Union and increasing refugees as major vulnerabilities of the global economy.