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Turner, Neil
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Turner, Neil (2)
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What assessment he has made of the implications for his Department's policies of the outcomes of the London G20 summit.
What assessment he has made of the implications for his Department's policies of the outcomes of the London G20 summit.
Asked by
Neil Turner
(Labour)
Answered by
Chris Bryant
(Labour)
Answering body
Foreign and Commonwealth Office
Oral questions - Lead
Status
Answered
Tabled on
24 February 2010
For answer on
2 March 2010
Answered on
2 March 2010
In essence, the G20 London summit showed that international economic crises require international remedies in the form of clear and co-ordinated action in all the major economies. It is noticeable that not a single major economy currently believes in making savage cuts now.
Subjects
Greater London; G20
Date
2 March 2010
Reference
506 c784; 319385
Chamber / Committee
House of Commons chamber
House
House of Commons
Will the Minister expand on that, and tell us whether any countries had been planning for that, and if they were, whether they thought that that was fiscally responsible and their patriotic duty?
Will the Minister expand on that, and tell us whether any countries had been planning for that, and if they were, whether they thought that that was fiscally responsible and their patriotic duty?
Asked by
Neil Turner
(Labour)
Answering body
Foreign and Commonwealth Office
Oral questions - 1st Supplementary
Status
Answered
Answered on
2 March 2010
My hon. Friend's comments help to make the very good point that not a single major economy around the world is now proposing to make savage cuts. Indeed, all the major economies in the world, both within the European Union and elsewhere, are talking about how they can make sure that they maintain a level of fiscal stability by maintaining a fiscal stimulus. I would just quote the words of President Obama. He said last April:""I think that this kind of co-ordination really is historic…I think that's a testimony to the great work that Gordon Brown did…I'm very proud of what's been done.""
Subjects
Greater London; G20
Date
2 March 2010
Reference
506 c785
Chamber / Committee
House of Commons chamber
House
House of Commons