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Global Fiscal Stimulus

Volume 485: debated on Thursday 18 December 2008

13. To ask the Chancellor of the Exchequer what discussions he has had with his overseas counterparts on the potential for and practicality of delivering a global fiscal stimulus. (244644)

The Chancellor has had discussions with many international colleagues, including G20 and European finance ministers. The case for concerted fiscal action was endorsed by the leaders of the G20 on 15 November, and by European leaders on 12 December and many countries around the world have already implemented a fiscal stimulus.