G20 will establish a working group on reforming the global financial architecture
G20 finance in the fields of the spring meetings in Washington decided to establish a group of famous financiers to develop reform the global financial architecture. He leads a team of ex-Minister of Finance, the current Deputy Prime Minister of Singapore Tarman Shanmugaratnam, representative of Russia can become ex-Finance Minister Alexei Kudrin. This Tass quoted a source in the Russian delegation.
"At a meeting of the financial" twenty "the Germans raised the question of creating a group of some prominent people (eminent persons), who formulate for the next year a number of initiatives and steps to reform the global financial architecture, international financial organizations," - said the source.
According to him, most of the participants of the meeting "tacit consent" to the proposal of the Presidency, and the item on the establishment of the group put on the agenda at the summit of G20 leaders in Hamburg.
According to the interlocutor TASS news agency, the group will also include well-known financier, former chairman of the board of the European Central Bank (2003 and 2011), Jean-Klod Trishe and former vice-president of the World Bank and the Finance Minister of Nigeria Ngozi Okonjo-Iweala.
According to the source, the head of the Russian delegation, Deputy Finance Minister Sergei Storchak reminded the meeting that in the midst of the crisis in 2009 in the framework of the financial G20 created a similar group led by Nobel Laureate Professor Joseph Stigletsem. Storchak also recalled that a comprehensive report was prepared, however, of the proposals nothing was implemented. In response, the Russian was asked to oversee the creation of the new group and to work out the basic principles of its work.
As long as the candidate to participate in the group on Russia not admitted Tass interlocutor. "While incomprehensible scheme by which the group pre-formed. But we do not have a lot of candidates that can be included there, "- said the source. He hinted that the main contender from Russia can be considered as the ex-Finance Minister Alekseya Kudrina.
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