Finance ministers of the Group of Eight economic powers will meet in southern Italy on June 12-13 in the latest of series of high level summits on efforts to haul the world economy out of recession.

A meeting of the wider G20 group of industrialised and emerging market countries in April pledged more than $1 trillion in cash for the International Monetary Fund and other initiatives.

It also promised to give major emerging economies far more say in international policy-making and enable regulators to supervise hedge funds and credit ratings agencies, as well as crackdown on tax havens.Here is a summary of progress reported so far on pledges the leaders made in London in April.IMF says discretionary fiscal stimulus at G20 level amounts to around the desired 2.0 percent of GDP in 2009 and 1.5 percent in 2010. Sources say the IMF will tell euro zone leaders on Monday that governments have done enough this year, without ruling out the need for more stimulus later.