Netanyahu says every encounter with Putin benefits Israel’s securityWorld August 23, 19:15
Netanyahu determined to prevent Iran from strengthening positions in SyriaWorld August 23, 18:21
Russia's military might on display at Army-2017 forumMilitary & Defense August 23, 18:20
Russian defense minister examines weapons seized from terrorists in SyriaMilitary & Defense August 23, 18:12
Grand Russian art exhibition to be held in Vatican in 2018Society & Culture August 23, 17:47
Argentinian footballer Emiliano Rigoni signs contract with Russia’s Zenit FCSport August 23, 17:36
German chancellor suggests exerting diplomatic pressure on North KoreaWorld August 23, 17:01
Russian Defense Ministry orbits satellite for inspecting military space apparatusMilitary & Defense August 23, 16:59
Israel supports Russia’s participation in Sobibor memorial project in PolandWorld August 23, 16:35
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.