G20 financial policymakers will mention fiscal stimulus in their communique without setting specific demands, a G20 source said on Saturday, denying there had been a clash over the issue.

The G20 delegation member, who declined to be identified, said there was no clash over the necessity of new government spending between U.S. and European delegations at their meeting, which is preparing the ground for a broader summit on April 2.

"There was nothing like that," the source said. "It was an issue, sure, but not in the controversial way it was mentioned in the media before. The issue will be mentioned in the communique, no question, but in a general way. You should not expect any big numbers or any concrete demands."

Two financial policy sources also said that they expected a shorter communique laying out a broad framework that would leave specifics for the broader summit of country leaders.

Reuters

Güncelleme Tarihi: 14 Mart 2009, 13:09