Mr. Yeltsin's flexible friend

Article Abstract:

The International Monetary Fund (IMF) may have treated Russian President Boris Yeltsin with leniency to help him become re-elected. Although the IMF is supposed to be apolitical, evidence suggests that it applied different standards when loaning money to Russia than when lending to other countries.

Yeltsin, Boris, Endorsements

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Fingers crossed: Russia and the IMF

Article Abstract:

Russia and the IMF are still negotiating the terms of a $6.4 billion loan that is expected to be finalized on Mar 9-10, 1995. The loan would be used to cover one-third of Russia's 1995 budget deficit. Inflation could be curbed faster if energy firms were taxed at higher rates.

Administration of General Economic Programs, PETROLEUM AND COAL PRODUCTS, Energy, Utilities, Foreign Aid-Loans, Taxation, Economic assistance, Foreign economic assistance, Energy industries, Power resources, Energy industry, Foreign loans, Budget deficits

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Sorting out Russia: World Bank!IMF

Article Abstract:

Officials at the World Bank and the IMF are concerned about runaway inflation in Russia, and about the decline in the ruble's value. Both banks are increasing their support of the Yeltsin government, even as they criticize its monetary policy.

World Bank

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