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Europe Daily Bulletin No. 9969

4 September 2009
THE DAY IN POLITICS / (eu) ep/development
Incomplete G20 promises made to poor countries

Brussels, 03/09/2009 (Agence Europe) - At first sight, the G20's response for tempering the impact of the economic crisis on developing countries has been swift, coordinated and promising. However, the commitment announced in favour of new resources, especially from the International Monetary Fund (IMF), is hardly to the advantage of poor countries and is also misleading.

This was explained by Ngaire Woods, who is professor at the University of Oxford, during a hearing before the EP...

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