Monday, May 18, 2015

IMF calls on Russia to reform the economy – Kommersant


                             
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The economy of the Russian Federation in need of reform to improve the situation said on Monday, Deputy Managing Director of the International Monetary Fund (IMF) Min Zhu. “For each of the BRICS countries (Brazil, Russia, India, China, South Africa), we have our recommendations,” – he said at a conference on doing business with this group of countries at the Russian Embassy in the United States. “We call on Russia to promote economic reform,” – said Min Zhu, mentioning in particular the energy sector. Turning to China, he stressed that, in the opinion of the IMF, “is the most important changes in the national currency.” India, he said, must be “to attract investment”, Brazil – “restore competitiveness”, and South Africa – “to restructure the economy,” according to “Prime».

 
 
 
 
 
 
 
 
 
 
 
 
 
 

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