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. Last Updated: 07/27/2016

IMF to Decide in July

The International Monetary Fund is not expected to take a decision on a new loan before July, when economic goals for this year will be set, a Finance Ministry official said Tuesday.

Anton Siluanov, head of the ministry's macroeconomics department, said a statement outlining budgetary and fiscal priorities and monetary and credit policy should probably be finished in July.

"This statement would be the basis for an IMF board meeting," he said.