November 13, 2006
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Treasury Deputy Secretary Kimmitt to Attend G20 in Australia

Washington, D.C. – Deputy Secretary Robert M. Kimmitt will lead the U.S. Treasury delegation at the meeting of the G20 Finance Ministers and Central Bank Governors this week in Australia, Nov. 17-19.

Among other topics, the Deputy Secretary will discuss the importance of continuing efforts to reform the IMF with his colleagues. "Following the important step agreed to in Singapore to better reflect the rapid growth of certain emerging markets at the Fund, we must continue with the crucial work ahead of us to ensure that the IMF represents the face of today's global economy," said Deputy Secretary Kimmitt.

Background on the G20

The G20 Finance Ministers and Central Bank Governors forum was established in 1999 to bring together major industrialized and developing economies to discuss key issues in the global economy.
The members of the G20 are the finance ministers and central bank governors of 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K. and the U.S., as well as the European Union, represented by the rotating council presidency and the European Central Bank.

More information on this year's meeting can be found at: http://www.g20.org/Public/index.jsp

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