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. Last Updated: 07/27/2016

IMF Mission Due Soon

MOSCOW -- The International Monetary Fund is expected to send a mission to Russia at the end of June or beginning of July to study the government's economic plans, First Deputy Finance Minister Alexei Ulyukayev said Tuesday.

"We have the task not simply of meeting with the mission but of working out the program as much as possible," he said at an investment conference. "As there is no program yet, there is no basis for discussion."

The IMF has been holding up new loans for Russia since last year pending implementation of structural reform measures and assurances about the new government's policy plans.