Russia’s Pavlyuchenkova reaches Australian Open quarterfinalsSport January 22, 7:19
IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
Russian bombers deliver successfully strikes on terrorists' facilities in SyriaWorld January 21, 15:39
Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
WASHINGTON, April 20 (Itar-Tass) – Brazil, Russia, India, China, and the South-African Republic /BRICS/ are not ready yet to determine the size of their supplementary contributions to the financial anti-crisis reserves of the IMF, Brazilian Finance Minister Guido Mantega said Thursday upon the end of a meeting with fellow finance ministers from Russia, India, China, and South Africa
"Brazil from the beginning sees the need of a strengthening of the IMF mainly because the financial crisis isn't over," Mantega was quoted by the international mass media. "We aren't ready to give a figure because there are preconditions which haven't yet been answered by countries."
Experts point out the crucial nature of BRICS support for the IMF, the its Managing Director Christine Lagarde hopes to raise an extra fund of $ 400 billion as a minimum for giving assistance to one or another country in case of a new surge of the crisis in the euro area.
A total of $ 320 billion has been raised to date and the IMF hopes to draw the remainder of the sum from the most dynamically developing economies.
"Some countries are more enthusiastic about asking emerging markets for more money than they are about quota reform, because they are the countries that are going to lose space," Mantega said.
Japan’s Finance Minister Jun Azumir, said on his part upon arrival in Washington for attending an economics conference of the Group of Twenty Most Industrialized Nations that support from the BRICS is an essential factor for development of world economics.
Also, he voiced the hope that aid of the kinds would become accessible in the short term prospect.
The Japanese government said Wednesday it was going to provide $ 60 for the IMF’s additional reserve.