Home > World > Report

G20 ministers to talk recovery, climate change

PTI
Thursday, November 5, 2009 16:13 IST
Email Email
Print Print
Share Share

London: Bolstering the world economic recovery and crafting a deal to fight climate change will be top of the agenda for G20 finance ministers meeting tomorrow in Scotland.


Related videos

Ministers plus central bankers from the 20 richest and fastest-emerging economies will hold their third get-together this year over two days in St Andrews, a seaside town known as the home of golf.

Now that countries like the US, Japan, Germany and France have emerged from recession after last year's global financial crisis, the G20's focus has switched from disaster management to building a secure economic future.

World leaders at September's Pittsburgh G20 summit had agreed a new system to coordinate economic decision-making and encourage stable, long-term growth.

A key priority this weekend will be working out details of how this mutual assessment system will work, G20 officials said, speaking on condition of anonymity.

Exit strategies from emergency measures put in place to fight the global slump will also be discussed.

But it is thought ministers are likely to echo the need to keep them in place until "a durable recovery is secured", as leaders said at Pittsburgh.

©2009 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
digg reddit google Facebook MySpace delicious

Post your comment
The week that was: November 15 - November 21, 2009
Here are the top national and international stories from the past week
One of a kind
A lavish bash was organised for the first anniversary celebrations of the plush suburban hotel, Intercontinental, The Lalit.

Get daily news in your inbox and read it at your convenience.

D