IMF Approves $6.8 Billion Russia Loan With Structural Adjustment Conditions: Second Largest Loan in IMF History Fails to Stabilize Economy
The International Monetary Fund approved a $6.8 billion loan to Russia, the second largest loan the IMF had made at the time, following years of failed stabilization efforts and broken conditionality requirements. This was followed by an agreement in 1996 to provide a total of $10.2 billion over …
International Monetary Fund
Boris Yeltsin
Bill Clinton
G-7
World Bank
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imf
russia
structural-adjustment
conditionality
shock-therapy
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