Moscow financial finance ministers and central bank governors held on February 15 to 16,, "money war" debate has opened the debt and the rapid development of the rich countries export enterprises worry competitive devaluation wave between the crack.
Russia is the first big emerging economies twenty countries group, become the world's top crisis management BBS in 2008, a year after the stock market crashed, for the President. Central bank governor accused Tokyo "protectionism monetary policy".
But its financing "Sherpa,"'s deputy finance minister sergei Storchak, told Reuters monetary debate should maintain a reasonable limit.
"Can't have no reaction, but the reaction must be appropriate, so that we will not send a signal to the market is not match problem, Storchak on Thursday night when accepting a reporter to interview."
Stimulation of the widespread criticism, the bank of Japan announced last month that will buy an unlimited amount of assets, in an attempt to avoid twenty years of deflation and stagnation % to 2% inflation target two times.
Storchak said: "Japan is an open economy, I think that should not be a lot of thinking - many - former accused its competitive devaluation", echo the Russia's top summit Sherpa, plug may Yudayeva reconciliation line.
Storchak said, in recent years, unorthodox monetary policies, including in the United States and the euro zone, display its growth pattern after the financial crisis in the world is how to shortage.
"A country can't live from imported, and the other is from exports," he said.
G20 accounted for 90% of the world's economy and two thirds of the population, the most practical, the most representative of BBS, global policy debate.
However, although the national China and Russia trillions of dollars in foreign currency reserves, the main investment in developed country's sovereignty debt, they have a small voice in the world of the last resort, the international monetary fund lenders.
IMF has missed the deadline for self imposed reached a new formula, its members vote, but between distribution. Storchak play a breakthrough opportunities.
"This will be a reasonable expectations, in the next six months, there should be more development G20 potential, find solutions, to quotas," he said. "We need articulated the G20 mechanism in here."
Loan mortgage
Though Japan needs to solve, its bid to revive the economy will be the group of twenty agenda important constituent, Storchak said, now there is no plan to discuss the problem of the level of deputy finance minister.
The central task of this meeting is to group of twenty summit in st. Peter's castle on September 4-5 agenda, but finance ministers also need to look for a new agreement, reduce borrowing.
A in 2010 in Toronto summit the commitment of the budget deficit by half, will be in this term, the lowest in the G20 countries goal.
He said: "we will insist, we will ask, we will try to force it, Storchak, its balance its budget last year due to high oil prices, said with a smile."
"It will be strange, if the G20 did not adopt new goals and guidelines to reduce the budget deficit and debt levels. However, this does not mean that has decided to will be in Moscow.
Russia's sovereign debt in the gross domestic product (GDP) of 10%, low and Moscow is keen to promote structural reform, employment and investment, which reflects the emerging countries' strategic emphasis on the agenda of the supplier.
Storchak advice, planning into shape, the duration from the current three to five years of debt and deficit to reduce.
"We haven't discussed this question, but surely it can't be ruled out," he said.



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