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31%  
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Keyword: finstabilityboard

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  • G20 Summit final communique(Brussels will run our economy)

    04/02/2009 7:35:54 PM PDT · by Red Steel · 28 replies · 2,065+ views
    Reuters ^ | Apr 2, 2009 5:29pm BST
    LONDON (Reuters) - Leaders of the G20 largest developed and emerging economies agreed on Thursday to a $1.1 trillion program to restore global growth and rebuild a financial system, ravaged by the worst financial crisis since the 1930s. Here are the key points in the final G20 communique. -- "To treble resources available to the IMF to $750 billion, to support a new SDR allocation of $250 billion, to support at least $100 billion of additional lending by the MDBs (multilateral development banks), to ensure $250 billion of support for trade finance, and to use the additional resources from agreed...