The G20 have come up with a (package) of plans that add up to well over a trillion dollars to tackle the recession.
One key component is an (agreement) to treble to seven hundred and fifty billion dollars the resources (available) to the International Monetary Fund for lending to countries in trouble. They also want a tenfold (increase) in what are called special drawing rights which is rather like an IMF currency and which strengthen the foreign (exchange) reserves of its member countries.
The G20 also plans closer regulation of (financial) firms with curbs on executive pay and new oversight of large hedge funds.
The British (Prime) Minister, Gordon Brown, described the summit as marking a new consensus on tackling global problems.
Andrew Walker, BBC News, London
Listen
Click to hear the words:
