Brown outlines G20 aims

Gordon Brown has said he is looking for the G20 to achieve "agreement on how governments will get money into their economies".

Speaking to the BBC from Brazil, the prime minister said that it was "his job" to gain consensus from world leaders on the economy.

And he stated that leaders want "a global answer to what are clearly global problems".

"I haven't been going around the world, talking to leaders in every country, to say we are having a communiqué," Brown said.

"My job is to ensure that this consensus can be built on, not just in America and Britain or Europe and America, but right round the world in a unique situation."

He continued: "What has actually happened over the last few months, nobody could have ever imagined co-ordinated action on interest rates and stimulus for the economy, such as we have seen.

"Every country in the world, with very few exceptions, has cut their interest rates dramatically.

"And every country in the world has been injecting resources into their economy because we know that when banks fail and markets falter, only the government is left to take that action."

And the prime minister said he is ready to take whatever action is needed to restore jobs and growth.

"But what is necessary may include cutting interest rates further, it may include increasing the quantity of what the Bank of England is doing... or it may include more action on fiscal matters," he said.

"We've seen over the last few weeks and months how countries have taken action.

"Now we have got to bring this together at the G20 meeting in London. We have got to get agreement about regulation supervision, and we are helped by what has happened in America."

Brown also suggested that the G20 would be used as a platform for agreement on how to "monitor the process of people injecting resources into the economy".

But on the British economy, the prime minister said it was up to the chancellor to decide how to move action forward in the Budget.

He stated: "I am not going to presume about what is in the Budget. That is a matter for the chancellor."