WASHINGTON (Sputnik) — The leaders of the G20 industrial nations should take steps to fully implement growth strategies agreed on in Australia in 2014, International Monetary Fund (IMF) Managing Director Christine Lagarde said in a press release on Monday.
"The IMF's assessment shows that about half of the promised measures have been implemented — and I urge even greater focus in this area," Lagarde stated.
During the 2014 summit in Brisbane, Australia, the leaders of the G2- nations agreed to take steps to raise global growth, and committed to implement such measures as increased investment.
Participants at the 2015 G20 Summit currently taking place in Antalya, Turkey, have agreed to take actions to strengthen the global economy and make growth more inclusive.
"The Antalya Action Plan makes clear that global cooperation is key to addressing the challenges facing the world today — from climate change to reform of international taxation and the international monetary system," Lagarde noted.
The G20 leaders also committed to improving the resilience of the international financial system and making efforts to implement previous commitments on economic reform.