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US and EU take action to block IMF funds from Russia

2022-03-04T14:50:03.019Z


The US would be ready to take all necessary measures to prevent Russia from benefiting from its allocation of Special Drawing Rights by the International Monetary Fund. (HANDLE)


(ANSA) - ROME, MARCH 04 - The US would be ready to take all necessary measures to prevent Russia from benefiting from its allocation of Special Drawing Rights by the International Monetary Fund.


    The Reuters agency writes on its website, according to which the European Union is also examining the hypothesis of cutting Moscow out of IMF funding, a scenario that would further put pressure on the Russian economic and financial system.


    Russia received a new $ 17 billion allocation in DSP last year.

But in order to spend them, he must find a partner who is ready to accept them and provide them in currency exchange.

(HANDLE).


Source: ansa

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