IMF and G20 Finance Ministers wrap up two day meeting

AP TELEVISION
1. Wide pan of the G20 Finance Ministers and Central Bank Governors Meeting
2. Mid of International Monetary Fund (IMF) Director Christine Lagarde seated next to International Monetary and Financial Committee (IMFC) Chairman Tharman Shanmugaratnam
3. Mid of delegates from Japan
4. Wide of Chairman of the US Federal Reserve Ben Bernanke (right)
AGENCY POOL
5. Wide of G20 family photo
6. Pan of G20 leaders
7. Mid of US Treasury Secretary Timothy Geithner (left)
8. Pan of G20 members
9. Mid of Tharman
10. Mid of Lagarde, pull out to wide of group
AP TELEVISION
11. Wide of G20 and IMFC news conference
12. SOUNDBITE: (English) Jose Antonio Meade, Mexican Finance Minister, G20 Chairman:
“Since February, the economic recovery has continued at a moderate pace. While volatility in financial markets still remains high.”
13. Wide of room
14. SOUNDBITE: (English) Jose Antonio Meade, Mexican Finance Minister, G20 Chairman:
“The G20 welcomed the Euro-area member”s decisions in March to strengthen European firewalls as part of broader reform efforts and the availability of central bank swap lines. Together with the IMF and the International Monetary and Financial Committee, the G20 countries reached an agreement to enhance the IMF resources for crisis prevention and resolution.”
15. Wide of briefing
16. SOUNDBITE: (English) Christine Lagarde, IMF Director:
“What is important to us at the IMF is that we know that we have commitment that are north of 430 billion dollars, and that almost doubles the lending capacity of the fund. It really shows the resolve of the international community to have available the tools in the toolkit to resist and defend against crisis.”
17. Pan from media in room to speakers
STORYLINE:
The International Monetary Fund says it has raised more than 430 (b) billion US dollars in an effort to assure finance markets that it has sufficient firepower to handle any new problems from Europe”s prolonged debt crisis.
IMF Managing Director Christine Lagarde announced the new figure at the conclusion of talks among finance officials of the Group of 20 major economic powers on Friday.
She said that some countries including Russia, India, China and Brazil had made private pledges but did not want to issue public commitments until they had conferred with officials in their home capitals.
But she said when the public and private commitments were combined, the total raised would exceed 430 billion US dollars, nearly doubling the IMF”s available resources to make loans to nations in trouble.
“It really shows the resolve of the international community to have available the tools in the toolkit to resist and defend against crisis,” said Lagarde.
G20 leaders also said the economic recovery continues at a moderate pace, although volatility in financial markets remains high.
Current G20 Chairman Jose Antonio Meade says member nations welcomed reform efforts made by European countries over the last several months to strengthen their firewall against financial crisis.

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