The West Australian © SWAN WONG BUDGET OUTCOME PRESSER Created: 30/09/2011 (Submitted: 30/09/2011 09:50:29) Federal Treasurer Wayne Swan speaking during a press conference after the release of the final budget outcome for 2010/2011 in Canberra, Friday, Sept. 30, 2011. The underlying deficit has been reduced to $47 billion. (AAP Image/Alan Porritt) NO ARCHIVING Item ID: 20110930000347491644
Treasurer Wayne Swan is on his way to the United States for a meeting with Federal Reserve officials to discuss the state of the world economy.
Mr Swan is due to arrive in New York later today and will hold meetings with the Reserve's district president William Dudley and vice-president Terrence Checki.
He also will meet representatives from financial institutions and credit rating agency Standard & Poor's.
"These meetings will provide a timely perspective on recent developments in the US and in Europe," Mr Swan said in a statement.
The treasurer is using the visit to promote the "enduring resilience" of the Australian economy and financial system to key international investors.
On Friday, he will deliver a keynote address as part of the 10th annual Australia Week - a series of events to promote Australia to the US."These events reinforce very clearly to our American friends just what Australia has to offer - with our strong financial system, low unemployment, 21 consecutive years of growth and economic resilience," Mr Swan said.
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