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$850 billion for emerging markets and developing countries
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1
#15358
Agreed to make available an additional $850 billion of resources through the global financial institutions to support growth in emerging market and developing countries.
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The G-20 London Summit 2009 »
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
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
▲
Strengthening our global financial institutions »
Strengthening our global financial institutions
Strengthening our global financial institutions☜Pledge to fund and reform our international financial institutions to overcome this crisis and prevent future ones.☜59C6EF
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$850 billion for emerging markets and developing countries
$850 billion for emerging markets and developing countries☜Agreed to make available an additional $850 billion of resources through the global financial institutions to support growth in emerging market and developing countries.☜9FDEF6
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General SDR allocation to increase global liquidity »
General SDR allocation to increase global liquidity
General SDR allocation to increase global liquidity☜Support a general SDR allocation which will inject $250 billion into the world economy and increase global liquidity, and urgent ratification of the Fourth Amendment.☜9FDEF6
●
Increase in lending via Multilateral Development Banks »
Increase in lending via Multilateral Development Banks
Increase in lending via Multilateral Development Banks☜Support a substantial increase in lending of at least $100 billion by the Multilateral Development Banks (MDBs), including to low income countries, and ensure that all MDBs, including have the appropriate capital.☜9FDEF6
●
Increase resources available to the IMF »
Increase resources available to the IMF
Increase resources available to the IMF☜Increase the resources available to the IMF through immediate financing from members of $250 billion, subsequently incorporated into an expanded and more flexible New Arrangements to Borrow, increased by up to $500 billion, and to consider market borrowing if necessary.☜9FDEF6
●
Targets and forms of support? »
Targets and forms of support?
Targets and forms of support?☜Essential that these resources can be used effectively and flexibly to support growth.☜9FDEF6
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Entered by:-
David Price
NodeID:
#15358
Node type:
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Entry date (GMT):
4/2/2009 4:49:00 PM
Last edit date (GMT):
4/2/2009 5:16:00 PM
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