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IMF urges Russia to implement economic reforms

19.05.2015, 12:26
According to the International Monetary Fund, the Russian economy needs reforms, IMF managing director Min Zhu said, as cited by Banki.ru.

IMF urges Russia to implement economic reforms
YEREVAN, May 19. /ARKA/. According to the International Monetary Fund, the Russian economy needs reforms, IMF managing director Min Zhu said, as cited by Banki.ru. 

The IMF managing director made this statement during the conference on business conduct with BRICS held at the Russian embassy in USA. 

Zhu said they had certain recommendations for each BRICS country (Brazil, Russia, India, China, South-African Republic). 

“We urge Russia to facilitate the economic reforms,” Zhu said, pointing to the energy sector in particular. –0—