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IMF Christine Lagarde chief stresses structural reforms

IMF Christine Lagarde chief stresses structural reforms

China is not the only economy in need of structural reforms as they are fundamental for the success of every G20 economy, IMF Managing Director Christine Lagarde said on Friday.

G20 lagging on growth targets: Australia

In February, the G20 economies vowed to boost global growth by more than USD2 trillion over five years, shifting their focus away from austerity as a fragile recovery takes hold.

G20 aspires to faster economic growth, roadmap sketchy

The world`s top economies have adopted a soft target of adding at least 2 percentage points to growth over five years, a source said, signalling optimism that the worst of crisis-era austerity was behind them.

G20 to refrain from competitive devaluation

Earlier this week G7 countries vowed not to use fiscal and monetary policies to influence national currencies' exchange rates.

G20 must seek exits from economic stagnation: Putin

Russia, which holds the G20 rotating presidency this year, has formulated the G20's agenda based on this challenge, Putin said.