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G24 calls for "comprehensive" response to crisis

WASHINGTON
Fri Oct 10, 2008 5:09pm EDT

WASHINGTON (Reuters) - Ministers of the Group of 24 emerging and developing nations called for a comprehensive response to address the global market strain and restore market confidence.

World  |  Crisis in Credit

The continued strained financial conditions "will dampen global growth," the ministers said in a statement, as finance ministers and central bankers of the Group of Seven nations held a meeting in Washington.

The G24 group said developing countries are resilient so far but it was worried about financial contagion spreading.
World
Crisis in Credit


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