The Premier said the summit has accepted the request of Africans to get additional loan. He said the money that was offered to help Africa cope up with the global economic and financial crisis was apportioned to member countries including Ethiopia through the IMF.

At the summit, leaders reviewed the progress made since the Washington and London Summits and discussed further actions to assure a sound and sustainable recovery from the global financial and economic crisis. The Group of Twenty (G-20) was formally established in 1999 to bring together major industrialized and developing economies to discuss key issues in the global economy.

Africa participated for the first time at the London summit last year. In New York, Prime Minister Meles chaired one of the meetings on climate change held side by side with the 64th UN General Assembly.

Meles also held discussions with Danish Prime Minster, US Special Envoy on climate change and the heads of Oxfam UK and USA. The discussions were mainly focused on Africa’s position at the upcoming Copenhagen climate change conference.  

These and various other meetings held in New York were a good opportunity to promote the African position on climate change at the Copenhagen conference. The delegation led by Prime Minister Meles Zenawi returned home on Saturday. (ENA)