To strengthen these macroeconomic (fiscal and monetary) policies, the G20 asked the IMF to continue to refine and strengthen the implementation of the Integrated Policy Framework (IPF) in surveillance and policy recommendations that need to be taken by each country and multilaterally.
2  BIS Review 42/2010  The Federal Reserve’s policy response As the crisis became global, the policy response became global as well. After watershed meetings in Washington of finance ministers and central bank governors on October 10–11, 2008, many countries, including the United States, announced comprehensive plans to stabilize their banking systems.