BRICS has reason to seek to gain influence in the IMF, Putin said

© RIA Novosti / Michael Clientgenerated in Photobacterium of the Russian Federation Vladimir Putin during a meeting of BRICS leaders on the sidelines of the group of twenty summit in Buenos Aires. November 30, 2018BRICS has reason to seek to gain influence in the IMF, Putin said© RIA Novosti / Michael Clientgenerated the image Bank

BRICS has reason to seek to strengthen its influence in the International monetary Fund (IMF), said Russian President Vladimir Putin.

«Five» rightly can play a greater role in the global financial system, to obtain further IMF reform and strengthen our influence in the Fund», — said Putin, speaking at the BRICS meeting on the sidelines of the G20 summit.

According to him, significant contribution to ensuring financial stability introduces a New BRICS development Bank, which has already funded 26 projects in the countries of the Association in the amount of $ 6.5 billion.

«We also anticipate beginning in 2019, the operation of the bond Fund and the national currencies of the BRICS, which will allow to strengthen the financial and investment stability, and to increase the interaction of the national payment system», — said Putin.

BRICS has reason to seek to gain influence in the IMF, Putin said© RIA Novosti, Infographics»Big twenty» in the numbers

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