Your general manager International Monetary Fund (IMF) Kristalina Georgieva said today that she herself will have to see more details of the group’s proposal BRICS alternative cross-border payments system to determine its impact, but rejected any potential threat to the IMF.
The leaders of Brazil, Russia, India, China and other BRICS countries committed at a summit this week to work together on a cross-border payments system, a grain exchange and other projects.
“The idea of having a payments system for a group of countries is not new. The one who We need to see more details. What does this idea include, how can it be translated into reality and then we can evaluate it,” Georgieva said at a press conference in Washington when asked about the proposal. “But in general, What I recognize is that we have different members who make up different groupsbut all members support the IMF».
Source: AMPE