RUSSIA TO STOP TAKING LOANS FROM IMF.

Publication: Monitor Volume: 3 Issue: 173

Russian president Boris Yeltsin says Russia will seek to discontinue its borrowing from the International Monetary Fund as of 1999. Expressing satisfaction at Russia’s admission to the Paris Club of creditor nations (see below), Yeltsin also said he "firmly backs the young people" in the government and that, when he met on September 15 with Russia’s leading bakers, he urged them "not to annoy Chubais and Nemtsov: they are young and only just learning to get used to criticism." (Itar-Tass, September 18)

Duma Fails to Elect Human Rights Commissioner.