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New SDR allocation of $250 billion
The IMF will be free to create more of its own money via "Special Drawing Rights".
RELATED ARTICLES
Explain
⌅
The G-20 London Summit 2009
The G-20 London Summit 2009☜The Group of Twenty (G-20) Finance Ministers and Central Bank Governors, which was established in 1999, is gathering in London on 2nd and 3rd April 2009 to discuss and address the current global financial and economic crisis.☜F1CEB7
⌃
G-20 Summit Communiqué
G-20 Summit Communiqué☜The London Summit – Leaders’ Statement issued by the G-20 leaders, 2 April 2009 (Open the Expanded text for the full text of the communiqué). #LondonSummit2009☜FFB597
⌃
Greatest challenge to world economy in modern times
Greatest challenge to world economy in modern times☜We face the greatest challenge to the world economy in modern times; a crisis which has deepened since we last met, which affects the lives of women, men, and children in every country, and which all countries must join together to resolve. A global crisis requires a global solution.☜FFB597
⌃
Additional $1.1 trillion recovery programme
Additional $1.1 trillion recovery programme☜The agreements we have reached today constitute an additional $1.1 trillion programme of support to restore credit, growth and jobs in the world economy. Together with the measures we have each taken nationally, this constitutes a global plan for recovery on an unprecedented scale.☜59C6EF
■
New SDR allocation of $250 billion
New SDR allocation of $250 billion☜The IMF will be free to create more of its own money via Special Drawing Rights.☜9FDEF6
↳
Global Quantitative Easing
Global Quantitative Easing☜A global creation of money in the same way the Bank of England and the US Fed are attempting quantitative easing☜98CE71
□
$250 billion of support for trade finance
$250 billion of support for trade finance☜☜9FDEF6
□
At least $100 billion of additional lending by the MDBs
At least $100 billion of additional lending by the MDBs☜☜9FDEF6
□
Treble resources available to the IMF to $750 billion
Treble resources available to the IMF to $750 billion☜☜9FDEF6
□
Use IMF gold sales for concessional finance for poorest countries
Use IMF gold sales for concessional finance for poorest countries☜Use the additional resources from agreed IMF gold sales for concessional finance for the poorest countries.☜9FDEF6
□
Graph of this discussion
Graph of this discussion☜Click this to see the whole debate, excluding comments, in graphical form☜dcdcdc
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David Price
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Entry date (GMT):
4/3/2009 10:20:00 AM
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4/3/2009 10:29:00 AM
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