Markets surge on G20 $1 trillion recovery package

Equity markets in Europe and the United States soared on Wednesday on news that global leaders had pledged an extra $1 trillion to spur an economic recovery.

The leaders agreed to raise the value of the International Monetary Fund's (IMF) crisis-fighting resources to $750 billion, a $250 billion boost to world trade and at least $100 billion of additional lending to multilateral development banks. The leaders also said funds from agreed IMF gold sales would be used for concessional finance for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: