Finance Ministers

The finance ministers of the Group of Seven and the governors of the central bank held a meeting from 5th to 6th in Nunavut, the capital of Iqaluit, Canada, focusing on sovereign debt crisis and financial sector reform.　　　　The "amateur" activities, such as riding a dog sled, tasting local delicacies and receiving special souvenirs, undoubtedly add a dash of lively romantic appeal to the atmosphere of serious "rivalry".　　Sled experience by the Meeting host Canada Finance Minister James Fleheux, a number of delegates 5th afternoon to experience the dog sled tour. "The weather is very good this day, beautiful ...

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 smiling faces of the country's "family portrait" photos clearly can't hide ...

Xinhua Beijing, December 28, according to the PBOC website news, following the May 2009 ASEAN and China-Japan and South Korea (10+3) finance ministers to the Chiangmai initiative of the main elements of the resonance, 10+3 finance ministers and central bank governors and Hong Kong Financial Management Bureau announced the formal signing of the Chiangmai Initiative Multilateral Agreement.　　Chiangmai initiative multilateralism will strengthen the region's capacity to prevent and respond to challenges, with the core objectives of: (1) addressing balance-of-payments and short-term activities in the region, and (2) complementing existing international financing arrangements. The Chiangmai initiative has a total scale of 120 billion dollars, which will ...

To build a more diversified monetary system Hu Jintao urged the main reserve currency to stabilize next year the summit in Brazil opens Wu Jiajun BRICS leaders: Lula da Silva, Russian President Dmitry Medvedev, Chinese President Hu Jintao and Indian Prime Minister Manmohan Singh (left to right).　　Those who aspire to a strong challenge to the traditional international order from the first BRICS summit are disappointed-there is no aggressive rhetoric in the statement at the end of last night's summit, but a ritual reaffirmation of the calls of emerging countries to reform the international monetary system. The statement calls for a more diversified international cargo ...

Chiangmai Initiative multilateralism formally signed after the May 2009 ASEAN-China-Japan-ROK finance ministers agreed on the main elements of the Chiangmai initiative multilateralism, 10+3 finance ministers and central bankers and the chief executive of the Hong Kong Monetary Authority announced the formal signing of the Chiangmai Initiative Multilateral Agreement.　　Chiangmai initiative multilateralism will strengthen the region's capacity to prevent and respond to challenges, with the core objectives of: (1) addressing balance-of-payments and short-term activities in the region, and (2) complementing existing international financing arrangements. The Chiangmai initiative, with a total scale of 120 billion dollars, will be traded through currency swaps to face ...

The two-day meeting of finance ministers and central bank governors of the Group of 20 (G2O) closed at St Andrews, England, 7th.　　A communiqué issued after the meeting said that the global economic recovery is still uneven, the group of 20 will maintain economic stimulus plan. The group of 20 believes that the global economic and financial situation is now improving, but that the economic recovery is "still unbalanced and still relies on policy support" and that high unemployment remains a focus. They are committed to maintaining policy support to the full recovery of the economy.