Finance ministers start to draw up exit strategy timetable

G20 finance ministers and central bankers reiterated that they could not prematurely "exit" from the morning News of the debate on "exit from the stimulus measures". The two-day meeting of finance ministers and central bank governors of the Group of 20 (G20) ended on 7th in the Scottish town of St Andrews, where participants agreed that "a premature exit strategy cannot be introduced prematurely" until the economy has returned to a sustainable growth trajectory.　　Participants also reached general consensus on various issues such as the reform of the international financial system and the financing of climate change.　　But the smiles of the "family portrait" of the delegates will clearly not mask the growing differences among countries, especially on the timing of the withdrawal.　　The third "gathering" of G20 finance ministers and central bankers after the onset of the global financial crisis coincided with a weak recovery in the global economy – rising global equity indices, higher house prices and rising commodity futures prices. British Prime Minister Gordon Brown 7th deliberately arrived at the meeting to show his firm stance. He stressed that the recent series of upbeat economic signals "cannot be seen as a reason to put an end to the stimulus plan", and that countries are still in the long march to cope with the economic crisis.　　Britain's staunch ally, France, supports the statement. More countries, while rejoicing that their economies have been rescued from recession, are beginning to fear that serious problems, such as inflation and asset bubbles, will ensue if they are not effectively terminated in due course.　　And as the U.S., Japan and other countries continue to do well, they want to withdraw from stimulus measures.　　The APEC finance ministers are prepared to release a statement calling for careful planning and an exit timetable for unconventional stimulus measures to avert a two recession, according to Xinhua's overseas financial report, after the APEC annual summit on November 15, when leaders will reaffirm their economic stimulus policies. In addition, Brown raised a tax on global financial transactions at a meeting of G20 finance ministers and central bank governors, and on that basis set up a global fund to bail out troubled banks.　　But the meeting reacted very few to the proposal.　　As the next host country, South Korea will host a series of G20 meetings, and France will host the G20 conference in 2011. The outcome of the meeting of G20 finance Ministers discussed the establishment of a "framework for strong, sustainable and balanced growth", agreeing to launch a new, consultative mechanism for mutual assessment of economic policy: by the end of January next year, countries will set targets for their own country or region; Mutual evaluations will begin next April.　　, a basket of policy options for achieving these goals is presented at the next G20 summit next June, and a further improvement in mutual assessment mechanisms and more concrete policy recommendations before the summit next November.　　The International Monetary Fund and the World Bank are required to complete the reform of the governance structure in accordance with the established timetable. emphasized the principles of the United Nations Framework Convention on Climate Change and called on all parties to jointly promote the "ambitious outcome" of the Copenhagen Conference. But the meeting failed to agree on the amount of final financing for climate change.