Russian skier wins gold in skiathlon at 2017 FIS Nordic World Ski ChampionshipsSport February 25, 17:46
Top US Air Force general points to growing conflict potential in Syrian airspaceWorld February 25, 17:17
Iran relies on Russia’s support in production of fuel for nuclear power plantsBusiness & Economy February 25, 16:20
Ukrainian military capture Donetsk water purification plant — spokesmanWorld February 25, 15:05
Azerbaijan and Armenia report armed clashes in Karabakh conflict areaWorld February 25, 11:45
Head of Russian delegation to OSCE PA says Ukraine not ready for dialogueRussian Politics & Diplomacy February 25, 5:02
Russian baritone Hvorostovsky cancels concerts due to continuing treatmentSociety & Culture February 25, 3:22
Russian prime minister declares 3rd Winter World Military Games openMilitary & Defense February 24, 22:33
Russia to veto UNSC resolution imposing sanctions on Syria — envoyRussian Politics & Diplomacy February 24, 22:29
SYNDEY, February 24. /ITAR-TASS/. The International Monetary Fund has practically exhausted its own resources and needs a reform, Russian Finance Minister Anton Siluanov said after meetings of G20 finance ministers and central bank governors that took place in Sydney on February 22-23.“The reform of the International Monetary Fund was an important topic we had been discussing at meetings of the G20 and on the sidelines. The IMF reform package approved in 2010 has not entered into force so far, as the U.S. Congress stalls its ratification,” he said, adding that the United States promised to take efforts to approve the document by April 2014.
“We have agreed to consider all possible measures to resolve the existing situation at our next meeting in April,” Siluanov said. “At present, the IMF has practically exhausted its own resources, while the IMF existing programs are in fact financed by borrowing agreements.”
This situation could continue endlessly, “as it contradicts the fundamental principle of the fund’s activity that the International Monetary Fund is a financial organization based on quotas,” he said.