Saturday, October 17, 2026Moscow
Economy

Siluanov supported the return of the IMF to its “main task”

Finance Minister Anton Siluanov at a meeting of the International Monetary and Financial Committee (IMFC) in Bangkok said that Russia supports the intention of the IMF to return to its main task - analysis of economic policy from the point of view of macroeconomic significance.

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Finance Minister Anton Siluanov at a meeting of the International Monetary and Financial Committee (IMFC) in Bangkok said that Russia supports the intention of the IMF to return to its main task - analysis of economic policy from the point of view of macroeconomic significance. The words of the Minister conveys the press service of the Ministry of Finance.

“It is important to strengthen monitoring of measures taken by countries to reduce deficits and public debt, as well as to assess the external effects of the policies of major economies, including trade and financial restrictions,” Siluanov said.

The Finance Minister stressed the importance of equal, transparent and fair lending rules. He noted that due to the practice of many years of support for the same countries, the Fund becomes dependent on them and loses the ability to help those who really need funds.

“The Fund needs to restore unified, transparent and non-discriminatory approaches in supervisory and credit functions, as well as tighten control over the implementation of issued fiscal recommendations,” he said.

He added that the structural adaptation of the Russian economy is largely complete. According to him, domestic companies have rebuilt supply chains and developed new markets.

“Russia continues to pursue a responsible fiscal policy, the priority of which is the sustainability of public finances and reducing dependence on unpredictable external conditions,” he said.

Earlier, Russian President Vladimir Putin said that Russia has not yet fully achieved its goals for the development of the stock market. The task of increasing the capitalization of the stock market to 66% of GDP by 2030, Vladimir Putin set in early 2024. In May 2026, Finance Minister Anton Siluanov noted that in the current conditions, this is “a rather ambitious task.”.

Source: РБК ↗

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