MOSCOW Feb 15 Russian President Vladimir Putin
told the Group of 20 nations on Friday that it was vital to
eliminate economic imbalances and have a clear strategy on
borrowing to put the global economy on a sustainable growth
"The days when economic crises had an isolated impact are
gone - problems in the United States and the euro zone affect
each country's economy," Putin told G20 finance ministers and
central bankers in the Kremlin.
The Russian leader, who hosts a G20 leaders' summit in
September, said the primary task was to eradicate economic
imbalances and stimulate global growth.
He called for "transparent management" of budget deficits
and debts to win investor trust. Previous G20 commitments to
redistribute voting rights at the International Monetary Fund
"must be enforced", Putin also said.
G20 officials were locked in difficult talks to find common
language for a joint statement on currencies and borrowing.