Tokayev: international financial organizations need drastic restructuring

ASTANA. September 25. KAZINFORM /Serik Sabekov/ - International financial organizations need drastic restructuring, Senate Spokesman Kassym-Zhomart Tokayev announced at the 5th General Assembly of the International Conference of Asian Political Parties.

photo: QAZINFORM

"New relations imply a new approach in the work of international organizations, because the existing organizations appear unable to handle the global relations effectively. International financial organizations need drastic restructuring too", Tokayev pointed out.

The Chairman of Kazakh Senate says the current global recession impels to re-evaluate the present economic theories and paradigms. "Depletion" is strongly felt in all the spheres, and the new time signs have started to show up invisibly.