The Group of 20 leading economies have agreed to increase International Monetary Fund resources to $1 trillion to help tackle the global financial crisis, U.K. Prime Minister Gordon Brown said Wednesday.
"This agreement to push money into the international economy is a very significant step towards recovery," he said at a news conference following a summit with other G20 leaders.
The total includes a trebling of current IMF resources to $750 billion and use of additional resources from agreed IMF gold sales to constitute a $1.1 trillion program of support to restore credit, growth, and jobs in the world economy, the G20 leaders said in a communiqu??.
