G-20 leaders agree to provide $1 trillion in funding to “fight back” against the global recession
Apr 2nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Leaders of the world's 20 biggest developed and emerging economies at G-20 summit in London, today agreed to “fight back” against the global recession with up to $1 trillion in funding for the IMF - -International Monetary Fund - - and for international trade finance, but did not commit themselves to a new round of fiscal stimulus.
