G20 summit in Antalya to discuss IMF reform - Lavrov

MOSCOW, July 2. /TASS/. The G20 summit to be held in Antalya, Turkey, on November 15 and 16 is to discuss the issues of reforming the International Monetary Fund (IMF), Russian Foreign Minister Sergey Lavrov told participants in the BRICS Youth Forum on Thursday. "During the summit in South Korea, the G20 took a decision on the first stage of the reform of quotas and the voting system in the IMF," the minister said. "This fact is attributable to the BRICS. Unfortunately, all members have ratified this stage, while the United States has not." "One of the tasks of the forthcoming G20 summit is to find ways of implementing the stage of the IMF reforms agreed five years ago, despite the absence of ratification by the United States." Read more