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This is an archive article published on April 2, 2009

‘G20 to pump $5 trln to save global economy’

G20 nations agreed to pump an additional trillion dollars into the troubled global economy through extra funding for groups like the IMF.

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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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