One option being considered is remove Russia entirely from the institutionofficials said, though some said that would be difficult if not impossible.
“It’s being discussed, but expelling Russia entirely is probably unrealistic due to the quorum required”said a high-ranking euro zone official, referring to the broad support needed among countries that include China.
Other options being examined include the suspension of Russian voting rightsjust like him blocking your access to a special currency of the IMF, the Special Drawing Rightsofficials said. While an IMF spokesman did not immediately comment.
IMF
Russia has been economically isolated after his forces invaded Ukraine in the major assault to a European state since the Second World War. Moscow calls the assault “special operation”.
IMF restrictions could be part of another round of sanctionsas the war in Ukraine enters its second week.
Russia invasion of Ukraine
Photo: AFP
Russia has already been affected by the freezing of the assets of its central bankthe prohibition of access to the airspace of the EU, Canada and the United Stateswithdrawal from the international payment system SWIFT and the sanctions to a group of tycoons.
The US and the EU are concerned that Moscow, stripped of much of its $630bn reserves, could access the US$17 billion of IMF reserves that he received last year when he increased them to fight the Covid-19 pandemic.
IMF Official.jpg
Reuters
Special Drawing Rights (SDRs) are an IMF currency based on a basket of dollars, euros, British pounds, yen and yuan. To spend $17 billion in SDRs, Russia would have to find countries willing to redeem thema perspective that is considered unlikely.
By Jan Strupczewski and Francesco Guarascio.
Source: Ambito
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