Official announcement from the IMF or major news outlets

Nine EU Nations Challenge IMF's Plan to Resume Missions to Russia

Sep 13, 2024, 06:42 AM

Several European Union nations are set to challenge IMF chief Kristalina Georgieva regarding the International Monetary Fund's plan to engage with Russia on economic issues for the first time since the invasion of Ukraine. Nine European countries have protested against the IMF's decision, arguing that resuming missions to Russia would damage the reputation of the Fund and could be used by Russia for propaganda purposes. The nations have expressed concerns that the engagement would not produce an accurate assessment of the Russian economy. The IMF is set to hold Article IV discussions with Russia, and the protests were made public on Friday.