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Growth in the global economy is weaker than expected, a G-24 communique read.
The G-24 financial chiefs noted that the still weak financial systems, rapid increases in sovereign debt and debt sustainability issues in some countries in the euro area are their ''particular concern.
Over the past decade, the G-24 has engaged in research activities, often supported by donations from some developed countries as well as the United Nations Conference on Trade and Development (UNCTAD), and has drafted position papers on major developing countries' issues.
We trust that under the country's upcoming presidency, the G-24 Group will reach important goals and results.
The G-24, which includes growing powers Brazil and India, said in a communique that continuing changes are needed at the IMF and World Bank to give a greater voice to developing countries.
The G-24 nations also expressed concern that continued strains on the world's financial conditions could slow global economic growth and affect emerging economies.
The loan, part of the European Union's accession strategy towards Bulgaria, is a component of the overall financing package mobilised by the G-24 countries and backed by the International Monetary Fund to ensure a sustainable balance of payments situation in support of Bulgaria's reform programme.
Tenders are invited for Replacement Of 04 Nos 8 Passenger Lift G-24 Storey And 2 Nos Goods - Cum-Passanger Lifts Basement-G-24 Storey At Multistorey Residential Buildings In Lloyds Estate For Custom Department At Wadala, Mumbai.
In fact, he brushed off his appointment as the President of G-24 Group as a mundane feat.
The G-24 nations also stressed the need to ''increase debt relief and concessional financing, including grants,'' accompanied by ''efforts to open industrial country markets to developing country exports and to remove agriculture subsidies.
The meeting brought together representatives of the G-24 countries and international institutions including the International Monetary Fund, the European Investment Bank, the European Bank for Reconstruction and Development, the International Finance Corporation and the Organisation for Economic Cooperation and Development.
G-24, begrajpur industrial area, muzaffarnagar in the name of kamal kumar jain
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