G20 Summit: The key pledges

By Jon Massey on April 2, 2009 4:13 PM |

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Gordon Brown confirmed today the G20 has agreed a fiscal stimulus package of more than $1trillion.

The International Monetary Fund will get $500billion split 50/50 between trade and Special Drawing Rights. There will also be $100billion for multilateral banks to lend to poor countries.

Speaking at the Excel centre in Royal Docks, Mr Brown also promised an end to banking secrecy and a bigger voice for emerging markets and developing economies in the running of the World Bank and the IMF.

He also said the IMF will look at the option of selling some of its gold reserves to provide extra funding for poor countries.

Click here for more on the G20.

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