Sunday, March 15, 2009

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G20 Sees Need For 'substantial' Boost To IMF Funding
March 14, 2009 at 12:56 pm

HORSHAM, England -- Finance ministers and central bankers from the Group of 20 nations agreed Saturday on the "urgent need to increase [International Monetary Fund] resources very substantially," British Chancellor of the Exchequer Alistair Darling said. The amount of the increase remains to be determined and will be discussed when G20 leaders meet in London in early April, he said.

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