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World economy still not out of the woods: PM

Sending a strong message ahead of the G-20 Summit in the US, Prime Minister Manmohan Singh on Wednesday sought greater voice for developing countries in international financial institutions, saying the global economy is still not out of the woods.

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Sending a strong message ahead of the G-20 Summit in the US, Prime Minister Manmohan Singh on Wednesday sought greater voice for developing countries in international financial institutions, saying the global economy is still not out of the woods.

In a departure statement before leaving for Pittsburgh, Singh said it was necessary for India to engage in the management of the world economy because we have a lot at stake, and a lot to contribute.

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