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G-20 finance officials pledge to keep emergency support for economies until recovery assured

11-07-2009 10:08 AM CST

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G-20 finance officials pledge to keep emergency support for economies until recovery assured

British Treasury chief Alistair Darling, Left, walks with an unidentified official at the venue of the G20 Finance Ministers meeting in St. Andrews, Scotland Saturday Nov. 7, 2009. Rifts among the world's top financial ministers and central bankers from the Group of 20 rich and developing nations, are reported to be threatening attempts to secure future global growth and break a deadlock over the cost of fighting climate change. (AP Photo/Martin Cleaver)

ST. ANDREWS, Scotland (Associated Press) --

Finance officials from rich and developing countries have pledged to maintain emergency support for their economies until global recovery is assured.

Saturday's statement from the Group of 20 countries in Scotland says that economic and financial conditions have improved.

But the statement stresses that recovery is "uneven and remains dependent on policy support." High unemployment remains a major concern.

The G-20 finance ministers and central bankers also commit to take action to tackle the threat of climate change and work towards "an ambitious outcome" at a major UN conference in Copenhagen next month.

Officials are considering financial help for poorer countries to develop green technology.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

ST. ANDREWS, Scotland (AP) _ Finance officials from the rich and developing countries have pledged to maintain emergency support for their economies until global recovery is assured.

Saturday's statement at the end of a meeting of the Group of 20 countries in Scotland says that economic and financial conditions have improved.

But the statement stresses that recovery is "uneven and remains dependent on policy support." High unemployment remains a major concern.

The G-20 finance ministers and central bankers also commit to take action to tackle the threat of climate change and work towards "an ambitious outcome" at a major UN conference in Copenhagen next month.

Officials are considering financial help for poorer countries to develop green technology.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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