Action Plan
- Topics:
- Financial Regulations
- Source:
- U.S. Department of the Treasury
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Overview: The G-7 Finance Ministers and Central Bank Governors, have adopted an integrated Action Plan to increase predictability and reduce uncertainty about official policy actions in the emerging markets. The Action Plan is part of an overall endeavor whereby the sovereign debt of all countries would ultimately be investment grade, a rating that every country could eventually achieve with the right policies. The Action Plan would help prevent financial crises and better resolve them when they occur, thereby creating the conditions for sustained growth of private investment in emerging markets and helping raise living standards of the people in emerging market countries. We pledge to work together to carry out this Action Plan. The plan comprises the following elements that are complementary and reinforce each other.
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Format: HTML | Date: Apr 2002 | Pages: 1
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