Communists submit bill for Russia to leave IMF, World Bank ...News

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Communists submit bill for Russia to leave IMF, World Bank
The cabinet reacted to the proposal by saying that such a move would have negative consequences MPs from Russia’s Communist Party have sponsored a bill that seeks to terminate the nation’s participation in major Western-dominated international financial organizations, including the International Monetary Fund (IMF) and World Bank. The cabinet, however, opposed the proposal, citing the risks that doing so would entail. Russia joined the IMF and World Bank Group in 1992. Sponsors of the bill, which was introduced in the lower chamber of the Russian parliament on Tuesday, seek to repeal that decision. The lawmakers,

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