IMF: Default no longer an "unlikely event" for Russia.

by The Kyiv Independent news desk March 11, 2022 4:06 AM 1 min read

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IMF Managing Director Kristalina Georgieva said that the IMF predicts a deep recession of the Russian economy. In addition, Georgieva highlighted that the IMF does not have any interactions with the Russian Government and its Moscow office is non-operational at the moment.

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