Lagarde stresses G20 to proceed structural reform www3.nhk.or.jp
The head of the International Monetary Fund has stressed the need for the Group of 20 nations to proceed with structural reforms to help boost the world economy.
IMF Managing Director Christine Lagarde was speaking to reporters on Monday after attending a G20 summit in China.
Leaders of advanced and emerging economies pledged to implement a range of policies to achieve sustainable global growth.
Lagarde stressed the importance of structural reform over monetary and fiscal policies in raising global economic growth.
She urged G20 countries not just to think about structural reform, but to actually implement it.
Lagarde also said it's necessary to keep working toward a more equal relationship among IMF member nations. She was referring to a G20 agreement to give emerging and developing economies a more prominent voice.
Published Date:2016-09-06