Correction of credit policy of the IMF creates Risks of harm to the interests of many sovereign creditors, and would lead to a discussion in the Board of Directors of the Fund, said Deputy Finance Minister Sergei Storchak.

"The debate at the level of the Board of Directors will be conducted in the month of November. Risks associated with what will be substantially prejudiced desires of many other sovereign creditors and not only the Russian Federation, are real, " - said Storchak correspondents, answering the question, what is his position in relation to the new credit policy of the IMF when the Fund starts to lend to countries that are unable to come to a common opinion with its sovereign creditors.

"The relationship between the sovereign creditor and private creditors Is not a Relationship episode. It is this Relationship that will be permanent, the most considering the fact that curtailed interbank lending to sovereign borrowers ", - said the Deputy Minister of Finance of the Russian Federation.

The United States along with other Western countries are preparing to change its policy of IMF lending to allow the Fund to continue financing of Ukraine in case of Russian default on the loan, told first magazine, The Wall Stret Journal. Authorized IMF Jerry rice said later that the correction of the IMF rules on the issue of continuing payment of the borrower if default on sovereign debt is a small part of the programme of reform from 2014, It does not concern any specific country.

sections: Politics