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At a glance: G20 agreement
Extra $US1 trillion ($1.43 trillion) for international bodies, including
trebling of International Monetary Fund financing to $US750 billion
($1.08 trillion)
G20 nations expect to have spent $US5 trillion ($7.17 trillion)
battling the economic crisis by the end of 2010
Extra $US250 billion ($358.6 billion) for trade finance
Agreement to shame and name blacklisted tax havens
New rules on pay and bonuses for corporate chiefs
IMF will sell billions of dollars of gold reserves to help poor
countries
Financial regulation and oversight will be extended to all financial
institutions, instruments and markets
Although there is no new fiscal stimulus, Gordon Brown said G20
countries are already implementing "the biggest macroeconomic
stimulus the world has ever seen" - an injection of $5tn by the end
of next year
Additional resources of $6bn from agreed IMF gold sales will be
made available for lending to the poorest countries
The G20 has pledged to resist protectionism
The G20 also supports increased lending to the world's poorest
countries of at least $100bn by the multilateral development banks
G20 leaders will meet again in New York in September, when the
IMF will report on the impact of the spending to date.

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G20 agreement boosts IMF funding by $750 billion

  • 1. At a glance: G20 agreement
  • 2. Extra $US1 trillion ($1.43 trillion) for international bodies, including trebling of International Monetary Fund financing to $US750 billion ($1.08 trillion)
  • 3. G20 nations expect to have spent $US5 trillion ($7.17 trillion) battling the economic crisis by the end of 2010
  • 4. Extra $US250 billion ($358.6 billion) for trade finance
  • 5. Agreement to shame and name blacklisted tax havens
  • 6. New rules on pay and bonuses for corporate chiefs
  • 7. IMF will sell billions of dollars of gold reserves to help poor countries
  • 8. Financial regulation and oversight will be extended to all financial institutions, instruments and markets
  • 9. Although there is no new fiscal stimulus, Gordon Brown said G20 countries are already implementing "the biggest macroeconomic stimulus the world has ever seen" - an injection of $5tn by the end of next year
  • 10. Additional resources of $6bn from agreed IMF gold sales will be made available for lending to the poorest countries
  • 11. The G20 has pledged to resist protectionism
  • 12. The G20 also supports increased lending to the world's poorest countries of at least $100bn by the multilateral development banks
  • 13. G20 leaders will meet again in New York in September, when the IMF will report on the impact of the spending to date.