|The following are highlights of the International Monetary Fund and World Bank meetings on Saturday in Washington, where finance ministers, central bankers and other top officials are gathering. RUSSIAN FINANCE MINISTER ANTON SILUANOV IN STATEMENT TO IMF STEERING COMMITTEE ON MONETARY EASING "One of the principal sources of uncertainty in the world economy may well be doubts about the success of unconventional monetary policies in Japan and the euro area. ... The Japanese experiment shows the limitations of accommodative monetary policy in the presence of deeply entrenched structural problems." ON NEW DEVELOPMENT BANKS "We believe that the creation of new international development banks, such as the BRICS New Development Bank and the Asian Infrastructure Investment Bank, will help boost growth in the world economy over the medium term." ON IMF QUOTA REFORMS "The two interim options that have been proposed – the delinking and ad hoc solutions – make sense only if they do not inhibit the rapid completion of the 2010 reforms.|
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