Ex-Soviet states offered IMF, World Bank memberships

Article Abstract:

Most of the states of the former Soviet Union received offers of membership in the IMF and World Bank on April 27, 1992. The remaining states will become members when paperwork is completed. The Group of Seven nations have approved $24 billion in aid for Russia.

International Monetary Fund, Membership, World Bank, International economic relations

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U.S., G-7 push for new Russia aid

Article Abstract:

The Group of 7 nations (G-7) responded to threats to democracy in Russia by supporting additional economic assistance to Russia. Pres Bill Clinton was preparing a multibillion-dollar socio-economic plan to be introduced by the G-7.

United States, United States foreign relations

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Major industrial nations set Russia aid; $24 billion package to bolster Yeltsin reforms

Article Abstract:

The Group of Seven leading industrial nations have agreed to provide Russia with $24 billion in economic aid. Russian officials believe this package will cover most of Pres Yeltsin's reforms.

Economic policy

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