Economics
G-20 Pledges ‘All Necessary Actions’ to Safeguard Banks (Text)
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The following is a reformatted communiqué released today in Washington by Group of 20 finance ministers and central bank governors.
We, the Finance Ministers and Central Bank Governors of the G-20 are committed to a strong and coordinated international response to address the renewed challenges facing the global economy, notably heightened downside risks from sovereign stresses, financial system fragility, market turbulence, weak economic growth and unacceptably high unemployment.