Meeting of G20 Central Bankers and Finance Ministers

27^th February 2012

On 25th and 26th February the G20 Central Bank and Finance Ministers welcomed the progress made by the EU on the path to settling the debt crisis but mentioned the poor growth prospects as well as world economic imbalances that continued. They deplored the high rates of unemployment in many countries and discussed action plans in support of growth and employment. Questions about raising the IMF's resources and the reform of its governance were also addressed. Ministers and governors said they wanted to continue the reforms started in the area of financial regulation and have requested reports on the volatility of raw materials prices, green growth and disaster management.

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