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G20 leaders agree to continue stimulus efforts and limit bank bonuses

Posted Sep 5th 2009 12:10PM by Connie Madon (RSS feed)
Filed under: India, China, Politics, Recession

Finance ministers and bankers of the G20 nations agreed on two key proposals: 1. to keep the stimulus packages in place and 2. to limit bank bonuses.

Concerning the stimulus packages, a draft copy obtained by Reuters said: "We will continue to implement decisively our necessary financial support measures and expansionary monetary and fiscal policies consistent with price stability and a recovery is firmly secured."

Continue reading G20 leaders agree to continue stimulus efforts and limit bank bonuses

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