Satisfied with G20 outcome: Chidambaram

February 23, 2014 13:13

Satisfied with the outcome of G20 meeting, Finance Minister P Chidambaram today said India's concerns with regard to withdrawal of US stimulus and the need to expedite IMF quota reforms have been taken on board by the group of rich and developing nations.

"The communique has been drawn by the deputies sitting together and our concerns have been fully reflected in the communique," he told PTI in an interview after conclusion of the G20 Finance Ministers and Central Bank Governors meet. The Minister said "yes", when asked whether he was satisfied with the G20 communique.

The communique was released at the end of the conference which among others was attended by Finance Ministers of several important countries including the US, Japan, France and Australia.

Representatives of global bodies like the International Monetary Fund (IMF) and European Central Bank also participated in the conference.

Collectively G20 represents 85 per cent of the global economy.

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