 
   © REUTERS / Aly Song 
            SHANGHAI, Feb. 27 – RIA  Novosti.  “Financial twenty”  during a meeting in Shanghai recognized that  simple and quick solution that various governments  are taking to accelerate the growth of the  economy, do not work, and structural reforms that  are difficult, are necessary to overcome the  crisis. 
   “The  acceleration of structural reforms could become a  source of potential growth in the medium term and  will contribute to greater stability and  flexibility of the economy”, – stated  in the final communiqué of the meeting of finance  ministers and central bank Governors “Group  of twenty” which was completed on Saturday  in Shanghai 
  . “The launch of structural reforms  – is a critical element of the necessary  policy and I welcome the G20 decision to include  this area as a priority”, – he said at  the final press conference, participated in a  meeting of the International Monetary Fund (IMF),  Christine Lagarde. 
   Most of the participants of “financial  twenty”, according to a source in the  Russian delegation noted that once again all  international organizations have to revise their  forecasts for 2016-2017 downward . 
   at the summit in Brisbane in 2014, G20 leaders  pledged to take measures that will enable an  additional 2.1% increase in global GDP by 2018.  Participants of the meeting in Shanghai have  recognized that the prospects of reaching it is  very vague. The best that can be counted -. An  additional increase of 0.8%, according to a  communiqué of the 
   Passion for the yuan 
     On the eve of the meeting appeared in the  press reports, that the devaluation of the RMB  will be one of the topics of discussion. However,  this issue was never on the agenda 
   The People’s Bank of China during a  press conference the head of the bank, Zhou  Xiaochuan on the “twenty” fields,  issued a press release, a statement that the  reason for the prolonged depreciation of the yuan  is not. The head of the Chinese Central Bank has  assured that China is not going to deliberately  devalue its currency to boost exports. 
  “China is opposed to competitive currency  depreciation to stimulate foreign trade volume of  our exports is still large, China will not engage  in competitive devaluation of national  currency..” – He said, 
   Premier of the State Council of China Li  Keqiang. in a video address to the participants of  the “financial twenty”, in turn, also  said that the reason for the prolonged  depreciation of the RMB exchange rate is not and  it will be maintained at a stable level 
   IMF chief Christine Lagarde also said at a  press conference, that the theme of the exchange  rate was not discussed by ministers and heads of  the Central Bank, “twenty”, naming the  item “invention” of journalists and  commentators. 
   “As for the devaluation of the yuan, I  think that we clearly heard from the prime  minister China’s State Council in his  address to the G20, as well as all the  representatives of the Chinese authorities, at the  People’s Bank of China, that there is no  intention, and the decision on devaluation of  national currency “, – said the head  of the IMF 
  . FATF and terrorism 
     One of the main topics of the meeting was also  countering the financing of terrorism.  “Group of Twenty” countries agreed to  strengthen cooperation in this fight. 
   “We are determined to fight the  financing of terrorism. We will intensify our  efforts to fight the sources, technologies and  channels of financing terrorists and strengthen  our cooperation on information exchange . We call  on all countries to join in this effort “,  – stated in the final document 
   a source in the Russian delegation told  reporters that all the countries.” twenty  “unanimously supported this position  communiqué 
   “it is enough  to be jointly supported by the wording of all  countries, of course, were kakie-to amendment  proposals, but there was a situation when kto-to  categorically opposed to this point (the  Suppression of the financing of terrorism –  Ed.) or proposed some more serious moments to  remove, “- he said, 
   at the same time.” twenty “has  commissioned the FATF to check how the  requirements of the organization correspond to the  current level of terrorist threat 
   a source in the Russian. the delegation noted  that all previous recommendations of the  “twenty” elaborated on this theme,  when it came to small terrorist organizations, and  it was clear how to deal with them. “Here  the situation when it comes to terrorist groups  that control the territory of entire  countries,” -. He said, 
   The report of the FATF, is likely to be  presented by the summer of this year 
   Rules. debt 
     Russian Finance Minister Anton Siluanov,  speaking at the meeting, suggested that the  finance minister and central bankers G20 to  develop a system rules the settlement of sovereign  debt. 
   Russia raises this question is not the first  time, but the topic has not been reflected in the  communiqué of the meeting. Russia offers a  “twenty” to develop a common approach  to the resolution of the sovereign debt that  countries do not have to deal with these problems  individually in court. However, according to a  source in the Russian delegation, no concrete  proposals from the parties were heard. “With  the exception of the Argentine ideas to  offer” Top Twenty “chip in and prepare  a special study on the Argentine briefcase on the  topic of how not to do”, – he said  
   Argentina for many years trying to solve the  question of the restructuring of its debt,  however. the process stalled because of litigation  with private holders of bonds of the country 
   However, the Argentine delegation has brought  good news to the meeting of “twenty”:.  has been annotated, that on Monday, February 29,  the government signed an agreement on the final  settlement of the Argentine debt . 
   “Financial twenty” in Shanghai has  become one platform with which Argentina’s  comeback began in the international arena after  years of self-imposed isolation: the meeting was  attended by representatives of the newly elected  government of the country 
   on Saturday. Shanghai ended a two-day meeting  of finance ministers and central bank Governors  “Group of twenty”, chaired by China.  
  
