Russian-Syrian checkpoint opens in Eastern Goutha de-escalation zoneWorld July 25, 8:17
Russian-Chinese naval drills in Baltic Sea to enter active phaseMilitary & Defense July 25, 7:59
Putin to meet with Iraq’s vice-presidentRussian Politics & Diplomacy July 25, 6:49
Russian super-heavy booster vehicle to bring payloads of 70 tns to orbitScience & Space July 25, 5:34
New limits on microloans to kill off most micro lenders in Russia, say expertsBusiness & Economy July 25, 3:45
Lavrov says astonished by mass hysteria among US politiciansRussian Politics & Diplomacy July 25, 1:35
Lavrov comments on Syrian de-escalation zone agreementRussian Politics & Diplomacy July 24, 20:15
Iraq calls for closer cooperation with RussiaWorld July 24, 19:09
Russia develops laser-guided automatic landing system for dronesMilitary & Defense July 24, 18:22
WASHINGTON, December 8. /TASS/. The International Monetary Fund lifted the ban on lending to nations with past-due sovereign debts. The decision was made at the IMF’s Executive Board meeting on Tuesday. Russia voted against it.
"The IMF's Executive Board met today and agreed to change the current policy on non-toleration of arrears to official creditors," IMF Chief Spokesman Gerry Rice said. "We will provide details on the scope and rationale for this policy change in the next day or so," he added.
The decision particularly means the IMF will continue implementing its anti-crisis program for Ukraine even in case Kiev defaults on its debts to Russia. Certainly, it will also apply to other situations when nations with sovereign debts simultaneously use the credit support of the Fund.
Russia voted against the decision of the Executive Board, the Russian directorate in the IMF told TASS.