FIFA chief Infantino to attend Chile-Portugal 2017 Confederations Cup semis match in KazanSport June 28, 20:27
Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
Top diplomat says Germany willing to open new chapter in relations with RussiaWorld June 28, 19:28
Russia open for cooperation with Germany in war on terror, Lavrov saysRussian Politics & Diplomacy June 28, 19:22
Baltic Fleet’s fighter jets hold air combat drills in Russia’s westernmost regionMilitary & Defense June 28, 18:57
Russian telecom watchdog to include Telegram in registerBusiness & Economy June 28, 18:51
Skolkovo Foundation proactively cooperating with China — IT projects directorBusiness & Economy June 28, 18:41
Preliminary design for fifth-generation non-nuclear submarine completedMilitary & Defense June 28, 18:13
Banks continue to report receiving malicious software WannaCry and PetyaBusiness & Economy June 28, 18:09
MOSCOW, December 10. /TASS/. Russia does not find it necessary to withdraw from the International Monetary Fund (IMF) due to situation with Ukraine, Finance Minister Anton Siluanov told reporters on Thursday.
"I find it is not reasonable to withdraw from the fund," - he said.
"We are one of the key participants of the fund. We don’t find it necessary to withdraw from the fund because of a disputable situation which has emerged. We think that the IMF is conducting the right policy aimed at supporting balance of payments and budget of the countries, which need financial assistance," - Siluanov said.
Earlier, President Vladimir Putin said that Russia was ready to restructure Ukraine’s $3 bln debt, if the US, the EU or a major international financial institution provide guarantees to Russia. But the guarantees were not provided.
On December 8, the IMF Executive Board lifted the ban on provision of loans to the countries with overdue sovereign debts. The decision, in particular, means that the IMF will continue to implement its anti-crisis program for Ukraine even if Kiev fails to pay in time on its debt to Russia.
This decision will also be extended to other situations where countries with sovereign debts, still enjoy the support of the fund.
Russia’s Finance Ministry believes that the IMF took the decision only for Kiev, which agreed on the restructuring of commercial debt with all creditors but did not agree on the official loan it had received from Russia.
On December 20, Ukraine is expected to fully pay its debt to Russia. If it fails, within 10 days after that date, Russia will go to court.