Friday’s G20 summit was heralded as a great success by President Obama and other world leaders in attendance. During his radio address over the weekend, President Obama said:

Attention shifts from the United Nations to Pittsburgh as world leaders convene for the G-20 summit. The day-long meeting, hosted by US President Barack Obama, will assess progress toward ending the global economic and financial crises, with agenda items including further plans to regulate and stimulate the global economy, efforts to monitor and limit executive salaries, prioritizing jobs and training a new generation in green jobs, reforming the international financial institutions, strengthening recovery in the world’s poorest countries, and mitigating and adapting to climate change.

Ahead of Friday’s G-20 summit in Pittsburgh, the United Nations Millennium Campaign is releasing new figures which show that unless rich countries marshal additional resources at the summit, they are likely to deliver $33 billion less aid than promised to the poor countries which are hardest hit by the global economic crisis. At the same time, packages intended to help poor countries address the crisis might drive them deeper into debt.

The Financial Times published the leaked G20 draft communiqué yesterday in advance of the summit’s Thursday meeting in London.