The International Monetary Fund today endorsed a Group of 20 programme for sustainable global economic growth, including an increase in voting rights for under-represented countries.
"We welcome the outcomes of the G20 summit Pittsburgh and support its commitment to articulating policies for strong, sustained and balanced growth in the global economy," the IMF's policy-setting International Monetary and Financial Committee (IMFC) said after a meeting in Istanbul.
The G20 largest rich and emerging-market economies, meeting in the US city a little more than a week ago, asked the IMF to shepherd their coordinated programme to build sustained growth as the world economy recovers from the worst recession since World War II.
Sunday, October 4, 2009
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