Russia to begin trials of new military transport plane in late 2017Military & Defense May 29, 16:18
Putin and Macron hold their first meeting in VersaillesRussian Politics & Diplomacy May 29, 15:58
Putin arrives in France for first meeting with MacronRussian Politics & Diplomacy May 29, 14:58
Romano Prodi believes G7 takes back seat without Russia and ChinaWorld May 29, 14:24
War on terror to top Putin-Macron talks agenda — KremlinRussian Politics & Diplomacy May 29, 14:16
Kiev's intelligence agency raids Yandex offices in UkraineWorld May 29, 14:11
Diplomat says Montenegro playing 'Russian interference' card as excuse for NATO membershipRussian Politics & Diplomacy May 29, 14:00
Putin declares 2018-2027 to be Children’s Decade in RussiaSociety & Culture May 29, 13:30
Press review: Macron’s 'independent policy' display and MC-21’s maiden flight to successPress Review May 29, 13:00
HANGZHOU /China / September 5 /TASS/. G20 leaders paid special attention to the need for structural reforms to accelerate global economic growth, Russian Finance Minister Anton Siluanov told TASS.
By tradition the meeting of Finance Ministers of G20 took place during the G20 summit in Hangzhou.
"The forecasts of the IMF remain too optimistic and do not recognize the new realities, assuming the acceleration of global economic growth. However, this does not happen. Structural reforms should become one of the sources of accelerated growth in the long-term. This year the G20 Twenty paid special attention to this issue," he said.
The International Monetary Fund (IMF) expects global economy to grow by 3.1% in 2016 and by 3.5% in 2017.
However, before the experts, as well as representatives of the Russian Ministry of Finance, said that the growth of the world economy in the coming years is unlikely to exceed 3%.