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announced a 10 bn USD contribution to the IMF's additional 430 bn USD financial firewall to help the debt-wracked 17-nation eurozone so that the faltering world economy is protected against the spread of any financial contagion.The announcement of the contribution was made by Prime Minister Manmohan Singh in his address at the Plenary Session of the seventh summit of the Group of developed and developing...
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big success for India, the G20 countries on Wednesday agreed to give priority to investment in infrastructure in developing countries as a way to stimulate global growth which has been stunted due to the faltering world economy and the Eurozone crisis."We will intensify our efforts to create a more conducive environment for development, including supporting infrastructure investment," said a 14-page...
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(Agencies): India today announced a $10-billion contribution to the IMF’s additional $430-billion crisis fund to help the debt-ridden 17-nation Eurozone so that the faltering world economy is protected against the spread of any financial contagion.China offered $43 billion as part of a pledge by the G20 countries made in April to supply the IMF with the extra firepower.IMF managing director Christine...
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big success for India, the G20 countries today agreed to give priority to investment in infrastructure in developing countries as a way to stimulate global growth which has been stunted due to the faltering world economy and the Eurozone crisis.“We will intensify our efforts to create a more conducive environment for development, including supporting infrastructure investment,” said a 14-page declaration...
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