Central Banks
Estonia’s Central Bank Chief Slams IMF Plan to Re-Engage With Russia
- Some EU nations sent a letter to IMF head protesting the move
- Muller says ‘aggressor nation’ shouldn’t enjoy IMF’s help
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Estonia’s central bank chief joined a group of European finance ministers in criticizing the International Monetary Fund’s plan to restart reviews of Russia economy for the first time since its invasion of Ukraine.
Madis Muller, who acts as the Baltic country’s representative to the IMF’s Board of Governors, said in a written statement on Monday that “an aggressor state that flagrantly violates international norms and agreements should not receive a share of the benefits offered by international institutions.”