Russia will vote against allocating an IMF loan to Ukraine

Russia intends to vote against providing Ukraine with a tranche of the International Monetary Fund.

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This was stated by Russian Finance Minister Anton Siluanov, TASS reports.

According to Siluanov, this is due to Ukraine’s public debt to Russia.

The Russian minister said that the positive decision of the IMF “creates conditions for such precedents in the future.”

The issue of providing the next tranche of the loan is included in the agenda of the meeting of the Board of Directors of the International Monetary Fund on September 14. Last November, Ukraine completed the restructuring of state and guaranteed debt in the amount of $15 billion. At the same time, the issue of Ukraine’s debt to the Russian Federation in the amount of $3 billion remains unresolved.

Siluanov believes that Ukraine’s debt “could have a great positive effect on the Russian economy.”