G20 likely to keep stimulus pledge

Source Reuters

G20 policymakers are likely to maintain their pledge to keep economic life-support packages in place until recovery is assured when they meet this weekend, a UK government source said on Wednesday. Finance ministers and central bankers from the Group of 20 club of rich and developing nations will gather in St Andrews in Scotland on Friday and Saturday to follow up on agreements made at a leaders' summit in Pittsburgh in September. Since then, more signs have emerged that the world is coming out of the worst synchronised downturn since the World War 2 though some countries like Britain have still not shown a return to growth.