08/24/1998 17:54:33 IMF will work 'vigorously' with Russia on reforms
WASHINGTON, Aug 24 (Reuters) - The International Monetary Fund
said on Monday it would work "vigorously" with the revamped Russian
government on economic reforms to help end the financial crisis.
"The IMF works with countries, not individuals," an IMF
spokeswoman said. "We will continue to work vigorously with those
who hold a position of authority."
She declined further comment.
Russian President Boris Yeltsin on Sunday fired the entire
government of prime minister Sergei Kiriyenko, who had failed to
stem a worsening financial crisis that led to a devaluation of the
rouble last week.
Yeltsin named as acting Prime Minister Viktor Chernomyrdin, whom
he had fired in March in a quest for a premier who could inject new
life into economic reforms.
A $22.6 billion emergency bailout package assembled by the IMF
has thus far failed to calm financial markets.
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