1995 CREDIT PAID; IMF MULLS NEW LOAN TO RUSSIA.

Publication: Monitor Volume: 2 Issue: 30

The IMF last week approved payment of the last monthly tranche of the $6.3 billion standby credit it agreed with Russia in April 1995. The announcement of the decision made no reference to the $9 billion extended credit, to be allocated for three years, that Russia is currently seeking from the IMF. That loan is expected to be decided when IMF director Michel Camdessus visits Moscow later this month. (7)

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