G20 Meeting on April 2 to Include Trade Financing Measures

According to an article in the WSJ, the April 2 Group of 20 (G20) meeting is set to include plans by which to boost global trade via financing by the member countries. Half of the funds would likely go towards their own trade agencies while the other half would go to the World Bank, regional development banks, and the International Monetary Fund. As you can see in the chart below, global growth has been hit hard by the slowdown in demand for exports, which is why the G20 is so eager to step in and try to stop the cycle.