IMF gets $430 bil. funding boost

The finance chiefs of the G20 nations have pledged more than 430 billion dollars to shore up the lending capacity of the International Monetary Fund.

Paris:G20 ministers urge Europe to contain debt crisis

Laaska News Oct. 16,2011

 

G20 finance ministers and central bank governors have urged European countries to take comprehensive measures and stabilize financial institutions.

Ban: G20 nations must not forget plight of world’s poorest at Seoul summit

10 November 2010 –The world’s richest nations must take into account the needs of the world’s poorest and most vulnerable people in their plans for reinforcing the global economic recovery – that was one of the key messages from the Secretary-General Ban Ki-moon ahead of the two-day Group of 20 (G20) summit set to begin in Seoul on Thursday.

“The global economic recovery remains fragile; 64 million people have been pushed into extreme poverty this year. Everywhere there is economic insecurity and anxiety about jobs,” said the United Nations chief. “We cannot afford to think narrowly about development and economic growth.”