Business | Updated Apr 03, 2009 at 11:12am IST

G20 okays trillion dollar deal with recession

Reuters

London: Leaders of the G20 nations agreed on Thursday to pump an additional trillion dollars into the troubled global economy through extra funding for groups like the International Monetary Fund (IMF).

Outlining the conclusions of the G20 summit, British Prime Minister Gordon Brown announced an additional $500 billion for the IMF, plus $250 billion in IMF Special Drawing Rights and $250 billion to boost trade.

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