On Monday, President Nicolas Sarkozy will give a speech and explain about the program for France’s year-long stewardship of the Group of 20. He will not only discuss about his new plans but also present his ideas to slow down the insecurity of food and fuel prices. This fact has been stated by a famous media house. Moreover, the main topic of this address will be the “Reform of the International Monetary System”.

Sarkozy has demanded an "innovative Bretton Woods" system for the 21st century which deals with the globalised nature of the world economy. The dollar's superiority as a reserve currency is knocking off-balance and there should be change in the monetary system to enhanced suit a "multi-polar" earth as stated by Sarkozy.

According to French officials, Paris desires to avoid an approval of the euro in a rebalancing of the globe wealth, whereas China prolongs to secure its Yuan currency to the U. S. dollar. In recent times, Paris is focusing on its debate of the international economic system on three topics i. e. management, safety, and variation.