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G20 aims to lift global GDP, regrets delay in IMF reforms

The Finance ministers and central bank governors of G20 nations Sunday decided to work towards lifting their collective GDP by more than two percent over the next five years and exhorted the United States to go ahead with the IMF quota reforms.

Satisfied with G20 outcome, concerns on board: Chidambaram

Satisfied with the outcome of G20 meeting, Finance Minister P Chidambaram Sunday said India's concerns with regard to withdrawal of US stimulus and the need to expedite IMF quota reforms have been taken on board by the group of rich and developing nations.

India satisfied with the outcome of G20: Chidambaram.

Chidambaram, who represented India along with RBI Governor, Raghuram Rajan, said the country's concern with regards to tapering, IMF quota reforms were addressed at the G20 communique and that it was satisfactory.

G20 aspires to faster economic growth, roadmap sketchy

The world`s top economies have adopted a soft target of adding at least 2 percentage points to growth over five years, a source said, signalling optimism that the worst of crisis-era austerity was behind them.