WASHINGTON, Oct. 11 (Xinhua) -- The Group of 20 (G20) has committed to using "all the economic and financial tools to ensure the stability of financial markets," said a statement issued after an emergency meeting here on Saturday.
The G20, which includes the 19 top developed and developing countries and EU, convened a special meeting on the sidelines of the IMF meeting amid the raging global financial crisis.
The G20 endorsed a five-point action plan adopted by the smaller Group of Seven leading economies (G7), which on Friday vowed to use "all necessary tools" to ease the financial crisis.
The statement said members of the G20 have vowed to join hands to improve the regulation, supervision and the overall functioning of the world's financial markets.
