Monday, March 30, 2009

The British press has learned about the plans of the leaders of G20.

SyuzhetyAprelskoe meeting G2028.03.2009V London, began a protest against the "Big twenty" the British newspaper The Financial Times published a draft communiqué on the meeting of the leaders of the Group of G20, which will be held in London on April 2. According to the draft, chapter 20 of the most economically important countries in the world promise to reform the international financial institutions, to strengthen the system of financial regulation, to ensure the growth of the global economy by the end of 2010, as well as continuing to complete already 8 years old Doha round of negotiations on the liberalization of world trade under the World Trade Organization ( WTO).
In particular, the Communiqué states that the quota for countries - participants of the IMF, and was last amended in 2008, before the end of the year may be revised again. Recall quotas for the right to vote in the IMF have been changed in favor of some developing countries, particularly China. In addition, through the world's financial institutions to developing countries will be provided significant amounts of liquidity to stabilize the financial system.
In the draft document not referred to as the exact amount of funds to be allocated to local and international programs to rescue the economy. Expected, however, that economic stimulus measures to increase global economic growth by 2 percentage points, and create 20 million jobs worldwide.
According to the draft declaration, the leaders of "twenty" shall be to meet at the end of the year in order to assess the effect of their proposed actions. Recall that the first G20 summit held in November 2008 in the United States.

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