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Finance ministers from the world’s richest countries are descending on London today to attend G20 summit, top of the agenda will be stimulus packages – specifically, whether we should be ramping them up, or scaling them down.
The meeting of G20 finance ministers and central bank governors in London this weekend is likely to be dominated by clear challenges of anti-crisis projects.

Top finance officials have debated the next steps for the recovering global economy, with European countries pushing for a crackdown on bankers' bonuses while the U.S. stressed the need to boost bank reserves to prevent a repeat of the financial crisis.

The Group of 20 countries were also discussing so-called exit strategies from the recent massive economic stimulus, although all agreed that withdrawing the massive amounts of money injected into the ailing world economy any time soon could risk a double-dip recession.

The G-20 includes 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, Britain and the United States. The European Union, represented by its rotating presidency and the European Central Bank, is the 20th member.