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Friday, November 21, 2008

Russia Transfer $1 Billion To IMF


Russia will transfer $1 billion to the International Monetary Fund (IMF) to help finance rescue packages for countries hit by the world financial crisis, Prime Minister Vladimir Putin said on Thursday.

"The decision has been taken to transfer $1 billion to the International Monetary Fund to help countries who found themselves in an especially difficult situations," Putin told the United Russia party congress in Moscow.

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