Russian President Vladimir Putin announced the risks of the emergence of global inflation in the world. The Russian leader during the speech at the G20 summit (G20) in the video conferencing mode noted that the increase in the overall level of goods and services can occur due to the growth of budget deficits of different countries of the world, reports TASS.
At the same time, Putin stressed the importance of preventing the promotion of the inflationary spiral and the need to normalize the budget policy.
previously became known that the Summit of Heads of State and Government Government began in Rome. Russian Foreign Minister Sergei Lavrov will take part in the event in full-time format. Russian President Vladimir Putin will participate in the G20 Summit on Video Communications due to the epidemiological situation associated with coronavirus. His speech is expected in two sessions: “Global Economics and Global Health” and “Climate Changes and Environment”.