00:21 GMT24 July 2021
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    International Monetary Fund Communications Director said that global markets volatility is expected to become the main topic for discussions during G20 meeting in Shanghai.

    WASHINGTON (Sputnik) Global markets volatility is expected to become the main topic for discussions during G20 meeting in Shanghai, China, at the end of February, International Monetary Fund (IMF) Communications Director Gerry Rice told reporters on Thursday.

    "I would expect that the volatility in the markets right now, the uncertainty regarding the outlook, I would imagine would be the priority issue for discussions at the G20," Rice stated in a briefing.

    The Institute of International Finance will hold its eighth annual G20 conference on February 25-26 in Shanghai, China.

    Since August 2015, global markets have been volatile with the Chinese market and energy market uncertainty driving disruptions.

    Industrialized countries established target inflation rates at 2 percent to ensure price and employment stability, and estimate only 1 percent inflation over the next ten years.

    The G20 is an international forum for the leaders and senior financial official of the world's 20 major economies.


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