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BBC News Item 1
Section 1 · easy · Sentence 1/5
Sentence 1 / 5
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1.
The G20 have come up with a package of plans that add up to well over a trilliondollars to tackle the recession.
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One key component is an agreement to treble to 750 billion dollars the resources available to the International Monetary Fund for lending tocountries in trouble.
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They also want a tenfold increase in what are called special drawing rights which are rather like an IMF currency and which strengthen the foreign exchange reserves of its member countries.
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The G20 also plans closer regulation of financial firms with curbs on executive pay and new oversight of large hedge funds.
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TheBritish Prime Minister, Gordon Brown,described the summit as marking a new consensus on tackling global problems.
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