The group of 20 developed countries (G20) intends to act “decisively” in the field of monetary and fiscal policy, if it is necessary to deal with the risk of chronic stagnation. It is reported by Reuters, citing a draft statement “twenty”, which met at the level of finance ministers held in Istanbul.
The draft document is welcomed favorable prognosis in some key countries, but is given a grim assessment of the state of the global economy as a whole . States that economic growth has been uneven, growth in trade has been slow.
«In the context of divergent orientations in the field of monetary policy and the increased volatility in financial markets policy settings must be carefully considered, negative side effects are kept to a minimum “- said in a draft statement.
In addition, the” financial Twenty “expressed disappointment continued delay in the reform of the distribution of quotas in the International Monetary Fund and urged the United States to take measures that would allow to move forward on the path of reform .
As told reporters Russian Finance Minister Anton Siluanov members’ financial Twenty “also recognized the inadmissibility of manipulating exchange rates, that is, artificial change of any country in the national currency in its own interests. “In this regard, all agreed that this is wrong, this is unacceptable,” – leads TASS his words.
In addition, Siluanov said that Russia ratifies agreement on a new New Development Bank in February – early March 2015. “We are ahead of everyone. We ratification is likely possible in February, in an extreme case, in early March. The rest later, “- he said.
The agreement on the establishment of the New Development Bank (New Development Bank) was signed in Fortaleza July 15, 2014 during the VI Summit of the BRICS countries. Its founders are the countries of the community, they will have special rights in comparison with other members of the organization. The authorized capital of $ 100 billion.
No comments:
Post a Comment