The G20 Summit that concluded in Toronto committed to taking concerted actions to sustain the global economic recovery process, creates jobs and to achieve stronger, more sustainable and more balanced growth. The Summit declaration issued at the end of the Summit said that the actions will be differentiated and tailored to national circumstances. The Summit has also eventually agreed to take different paths for cutting budget deficits and making there banking systems safer under the existing circumstances of an uneven and fragile economic recovery in many countries.
News On AIR | June 28, 2010 2:04 PM
G20 Summit calls for action to sustain the global economic recovery process