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. Last Updated: 07/27/2016

IMF to Pay in May

BONN, Germany -- Russian First Deputy Prime Minister Boris Nemtsov said Wednesday he expected the International Monetary Fund to issue the next tranche of a $9.2 billion loan in May.

Nemtsov, in Germany on a visit to court banks and drum up investment, said negotiations in Moscow with an IMF mission last month had gone "very fruitfully."

"The next tranche will be in May," Nemtsov said at a news conference in response to a question. "Our common assessment of what we plan in Russia is very positive."