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Russian Economic Crisis Deepens: IMF Supported Reform Program Unravels; Kiriyenko Ousted, Replaced by Primakov

Published online by Cambridge University Press:  13 February 2009

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Extract

The IMF team currently in Moscow has reached agreement with the Government of Russia on a major strengthening of Russia's economic program which I intend to recommend to the IMF's Executive Board as the basis for an immediate and significant increase in the IMF's financial support for Russia. This support will help Russia face its difficult problems which have been exacerbated by the sharp decline in commodity prices, in particular oil.

Type
Features
Information
Foreign Policy Bulletin , Volume 9 , Issue 5 , September 1998 , pp. 18 - 43
Copyright
Copyright © Cambridge University Press 1998

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References

1. International Monetary Fund News Brief (No. 98/24), July 13, 1998.

2. Text and translation from the Federal News Service.

3. Text from the International Monetary Fund [www.imf.org].

4. White House Press Release, July 13, 1998.

5. White House Press Release, July 13, 1998.

6. Text from the International Monetary Fund (IMF) [www.imf.org]. Text is the property of Russia; it is made available on the IMF website by agreement with the member State as a service to the press and the public.

7. Text and translation from the Federal News Service.

8. International Monetary Fund News Brief (No. 98/26), July 20, 1998.

9. International Monetary Fund Press Release (No. 98/31), July 20, 1998.

10. Text from the International Monetary Fund [www.imf.org].

11. White House Press Release, July 20, 1998.

12. Text and translation from the Federal News Service.

13. Text and translation from the Federal News Service.

14. Text from the Federal News Service.

15. International Monetary Fund (IMF) News Brief (No. 98/30), August 17, 1998.

16. Treasury Department Press Release (RR-2643), August 17, 1998.

17. Text and translation from the Federal News Service

18. Text and translation from the Federal News Service

19. Text and translation from the Federal News Service

20. Text and translation from the Federal News Service.

21. Text and translation from the Federal News Service.

22. Text and translation from the Federal News Service.