London - Cynosure of G20 or whole world
Wednesday, April 1, 2009
London is going to be the host of G20 Summit meeting on Thursday, 02 April, 2009 and has become the focus of global interest. Main aim and agenda of the Summit to cover; - Coordinated macro-economic actions to revive the global economy, stimulate growth and employment.
- Review measures taken and possible further steps to stabilise financial markets
- Reform and improve financial sector & systems.
- Continue to deliver progress on the Washington Summit action plan.
- Reform international financial institutions (IFIs) - International Monetary Fund (IMF), Financial Stability Forum (FSF) and World Bank.
- Enable families and businesses to get through the recession.
Further, the G20 leaders hope in banks' support, increase in expenditures, and more money from the International Monetary Fund to restore growth till the end of 2010.
Lets see whether developing nations would get benefit out of it or it is just a 2 day trip to London of top 20 nations foreign ministers and governers of their central bank.
Labels: Economy and Business
posted @ 9:58 AM,
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