• IMF
• IMF
wish list: Michel Camdessus, Managing Director of the InternationalMonetary Fund, told an American business audience he is optimistic aboutreaching agreement with Russia on conditions for continued disbursement offunds under the $10.2 billion loan program begun in 1996. Russia’sgovernment, he said, should “spare no effort” to pass a new tax code, toimprove collections and reduce the fiscal deficit. Other priorities:transparency in regulation, improved corporate governance; investorprotection; more competition; freer trade; better accounting; and strongerbank regulation.
