IMF Resumes Talks With Russia, Drawing Criticism From 9 European Countries

Published on September 14, 2024

The International Monetary Fund (IMF) will resume its annual economic consultations with Russia for the first time since 2021, a move that has sparked sharp criticism from several European nations. The consultations, suspended following Russia’s invasion of Ukraine in 2022, will begin virtually on Sept. 16, followed by in-person meetings in Moscow later this month, IMF spokesperson Julie Kozak told a Sept. 12 press briefing in Washington, citing a more stable economic situation in Russia. “Now that the economic situation is more settled, Article IV Consultations with Russia are resuming, as I said at the beginning, in line with the obligations of both the Fund and the member country,” Kozak said....