Gordon Brown said on Thursday that the G20 meeting would focus on maintaining the stimulus in the world economy until recovery was ensured, and ”building a new financial architecture – a global compact or framework for jobs and sustainable growth”.
The UK prime minister – who is co-chairing the G20 summit with Barack Obama, US president – said there was general agreement that the current structure of financial institutions – the G8, International Monetary Fund and G20 finance ministers’ meetings – was not equipped to prevent another financial and economic crisis.
