Saturday, December 17, 2011

G20 Mexico 2012

G20 Mexico 2012 A summary of the goals to be accomplished in 2012 in Mexico during the G20 Summit.

  1. A meeting of finance ministers and central bankers on February 25-26, 2012.
  2. The G20 on Friday February 20, 2012 agreed to increase the IMF resources but by how much is the question. 
  3. The European Debt Crisis continuing caused the IMF to ask for  a lending capacity up to$500 billion.
  4. The European Union consist of the 19 members of major economies to support sovereign finance.
  5. Mexico's Deputy Finance Minister said that it is made up of two parts the European part and the IMF part during the 2 days meeting.
Mexico currently holds the presidency of the G20.

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