G20 to discuss policy coordination on emerging market unrest
Feb 17 2014 , Seoul
Finance ministers and central bank chiefs from the Group of 20 major economies will meet in Sydney, Australia, on February 22-23.
Bond, currency and stock markets in developing countries have swung wildly in recent months as the US Federal Reserve's tapering of its quantitative easing programme and concerns about a rapid slowdown in China spooked investors.
The South Korean finance ministry also said in a statement the G20 will discuss how to proceed with the International Monetary Fund quota reforms after the US Congress rebuffed a spending bill required to pay for the planned changes in January.