"Doed": the IMF allocated $ 18 billion for Russia

On August 2, the International Monetary Fund (IMF) allocated $ 18 billion for Russia. This decision has now come into force.

The receipt of funds is reported by the Russian edition Lenta.ru.

The amount is allocated as SDR, that is, Special Drawing Rights. They are a special means of payment, which is calculated based on the mutual rates of five world currencies. This “basket” includes the euro, the US dollar, the British pound sterling, the Japanese yen and the Chinese yuan.

This "benefit" is unlikely to make our country or its citizens richer, since Russia is unlikely to be able to use these funds. To do this, she will have to exchange her SDRs for real currency in another country or apply for a loan from the same International Monetary Fund. This organization, most likely, will not refuse, but will put up a list of conditions, the fulfillment of which is not always beneficial to the borrower.

Also, do not forget that Russia has a rather impressive reserve of funds in the National Welfare Fund. As of June 1, nearly 13 trillion rubles were stored there, or approximately $ 188 billion. As you can see, this amount is more than tenfold higher than the funds, as it were, received from the IMF.

So, most likely, Russia can exercise the right to donate its SDRs to countries in need. For example, Ukraine, which constantly either asks or demands from everyone.

Comments

[Warhead-xnumx]

Do not take. Send benefactors. It was already, passed. We barely got out.

[Sling cutter]

Also, do not forget that Russia has a rather impressive reserve of funds in the National Welfare Fund. As of June 1, almost 13 trillion rubles were stored there, or approximately $ 188 billion.

Nifigase, how the fund "got better" !!!
Why then a penny. age increased ?????

[Hypertension]

Quote: Stroporez

Nifigase, how the fund "got better" !!!

The NWF has recovered, and the PFR's budget has worn out.
A 4,2 trillion-ruble "hole" has formed in the budget of the Pension Fund.
https://www.finanz.ru/novosti/aktsii/v-byudzhete-pensionnogo-fonda-obrazovalas-dyra-na-4-2-trilliona-rubley-1030749591

[isv000]

Quote: Hyperion

in the budget of the Pension Fund formed a "hole" for 4,2 trillion rubles

If it has disappeared somewhere, it means that somewhere it has arrived ...

[For example]

Quote: CU-5

Do not take. Send benefactors. It was already, passed. We barely got out.

That would be the one that the Kremlin said to the citizens of Russia in relation to banks within the country.

[Shurik70]

Yes, let them choke on their handouts

[ivan2022]

Heh ... Heh ... And who has been voting in elections for 30 years on the principle: "Who else?"
What is the "state-forming", so is the state. To be like that is. Fate.

[Sergey28]

Rather not "somewhere", but at "someone"

[Gunther]

Quote: Hyperion

The NWF has recovered, and the PFR's budget has worn out.

but the Pension Fund of Russia has built beautiful buildings for itself, you look and the eye rejoices.

[Hypertension]

Quote: Gunter

but the Pension Fund of Russia has built beautiful buildings for itself, you look and the eye rejoices.

And the PFR has more employees than in other countries. Moreover, it is more both in per capita terms and in absolute numbers. And their salaries are growing three times faster than pensions ...

[ivan2022]

Pence has always been the mainstay of any election. And God is righteous. Rewards Merely. And pence too.

[Sling cutter]

Quote: Hyperion

The NWF has recovered, and the PFR's budget has worn out.
A 4,2 trillion-ruble "hole" has formed in the budget of the Pension Fund.
https://www.finanz.ru/novosti/aktsii/v-byudzhete-pensionnogo-fonda-obrazovalas-dyra-na-4-2-trilliona-rubley-1030749591

"Today I asked the doctor on the round,
Why we don’t have a key to the chamber,
Why is there a hole in my head and budget,
Why instead of tomorrow today is yesterday?
Let the doctor tell us about oil and gas,
Who sold them to you, what a scoundrel?
Who took away Gazprom and Lukoil from the people?
There is no answer, but on you, a prick in the ass! "(C)
https://youtu.be/ZswxQFrR1ro

[Doccor18]

Quote: Stroporez

why then a penny. age increased ?????

Capitalism does not provide for the improvement of life for 100% of society, and the fact that pensions still exist are echoes of the USSR. The population is shrinking and aging. And who will provide pension savings and make their payments in 20, 30, 40 years - this is the most interesting and difficult question, since this increase in the pension threshold does not solve the problem, but only pushes it back by one generation ...

[atalef]

Quote: Doccor18

Capitalism does not provide for the improvement of life for 100% of society, and the fact that pensions still exist are echoes of the USSR.

in general, in the west, pensions are like that, the same is

[Doccor18]

Quote: atalef

in general, in the west, pensions are like that, the same is

There are pensions. But what are they? In comparison with the Russian ones, they are considerable, but in reality it is becoming more difficult to live on retirement, and in Europe. There are funded systems, but they significantly increase the size of the pension only on condition of decent earnings. And in the West, the same problem is growing and spreading: an aging population, a decrease in deductions. Capitalism doesn't differ much from country to country ...

[Siberian54]

In the seventies, American retirees were the main tourists in western Europe and the tropical islands.

[atalef]

Quote: Siberian54

In the seventies, American retirees were the main tourists in western Europe and the tropical islands.

Has something changed now?

[Siberian54]

beaches and tours rejuvenated-main-35-45 years

[atalef]

Quote: Siberian54

beaches and tours rejuvenated-main-35-45 years

would not say.
The beaches may be yes, but the tours are cruise ships and Europe is just full of retirees.

[atalef]

Quote: Doccor18

There are pensions. But what are they?

depending on how much I put it off and this of course differs from country to country

Quote: Doccor18

but in reality it is getting harder and harder to retire, also in Europe.

this saying is worthless.
It depends on who, depending on who - in general, if a person has worked all his life - the pensions are more than worthy. and taking into account that pensioners usually have their own repurchased housing, it is possible to live on a pension more than worthily

Quote: Doccor18

There are funded systems, but they significantly increase the size of the pension only on condition of decent earnings

Well, here I’m sorry, working as a laborer and receiving a pension like a professor’s — somehow it’s not fair.
At the same time, do not forget., In all these countries there is also a pension from the national insurance service - it is not large and is the same for all. It's definitely hard to live on it. But it is paid to everyone, even to those who practically did not work.

Quote: Doccor18

And in the West, the same problem is growing and spreading: an aging population, a decrease in deductions.

well this is a problem all over the world and old people live longer, why?
Yes, because the medical service is at a completely different level and the pension is such that you can live on it with dignity.

[tovarich-andrey.62goncharov]

The problem is solved by the developed economy and social orientation of the State. And not pre-election blah blah blah ...

[ivan2022]

Quote: tovarich-andrey.62goncharov

The problem is solved by the developed economy and social orientation of the State. And not pre-election blah blah blah ...

Nope .... Write more that the smartphone solves it. He is smart!
The problems of the people are solved by the people themselves, by their activity.
What is the "Forming State", so is the State. God is righteous, rewards everyone according to merit.

And by the way, God dispense
can as well without any people, especially if they have brains on one side ... This is the demographics at once. it is seen.

[DymOk_v_dYmke]

Quote: Stroporez

Nifigase, how the fund "got better" !!!
Why then a penny. age increased ?????

That's why they increased it.

[lucul]

Nifigase, how the fund "got better" !!!
Why then a penny. age increased ?????

Well, "if only there was no war."
As Churchill said - a country choosing between war and shame, choosing shame - will receive war and shame.
As a result, the USSR chose not war, but collapse - as a result, the consequences of the collapse are such that the war would have cost "less."

[aybolyt678]

Quote: Stroporez

Nifigase, how the fund "got better" !!!
Why then a penny. age increased ?????

is it really not clear? helicopter money is handed out. Kerensky wanted to kill Russia with inflation, then Gaidars and Chubais ... They also scare that deflation is worse, I somehow think that the opposite is true.
And the retirement age has nothing to do with it

[ycuce234-san]

They also scare that deflation is worse, I somehow think that the opposite is true.

There is "benign deflation" - associated with an increase in the efficiency of the economy and labor productivity. Usually, when they are frightened by the horrors of deflation, they are modestly silent about the fact that we are talking about exactly the antagonist phenomenon - "malignant deflation".

[Orange bigg]

That's right. Free cheese is only in a mousetrap. Otherwise, we take other people's money and for a while, but we give our own and forever. 90s showed what cooperation with the IMF is worth.

MOSCOW, Aug 19 - PRIME. The international reserves of the Russian Federation from August 6 to 13 decreased by 0,9% and amounted to $ 593,8 billion, follows from the materials of the Central Bank.

.As of August 6, reserves stood at $ 599,3 billion.

The international (gold and foreign exchange) reserves of the Russian Federation represent highly liquid foreign assets at the disposal of the Bank of Russia and the government. Reserves consist of monetary gold, special drawing rights (SDRs), a reserve position in the IMF, and foreign exchange funds (other reserve assets).

The international reserves of the Russian Federation for 2020 increased by 7,5% and as of January 1 of this year amounted to $ 595,8 billion. Reserves reached their all-time high on May 28, 2021 - $ 605,9 billion.

https://1prime.ru/banks/20210819/834485021.html

[Sling cutter]

The international reserves of the Russian Federation for 2020 increased by 7,5% and as of January 1 of this year amounted to $ 595,8 billion. Reserves reached their all-time high on May 28, 2021 - $ 605,9 billion.

Why the hell is our money lying around somewhere, and we are asking for investment ????

[Orange bigg]

Are you from Ukraine by any chance? Is that you?

[Sling cutter]

Quote: OrangeBigg

Are you from Ukraine by any chance? Is that you?

I see that such questions and even yelling yells are an indicator of the level of your mental abilities.
Damn, what happened to the site ?! Even normal trolls are extinct! yearning.......

[mitroha]

You are the only one left, perhaps a highly intelligent, well-trained troll.

[Sling cutter]

Quote: Mitroha

You are the only one left, perhaps a highly intelligent, well-trained troll.

Oh oh oh Offended or what? Okay, okay, don't worry, it doesn't suit you Train while

[mitroha]

No worries, you don't even get close to people because of whom it is worth getting upset, and you will never come close to them

[tovarich-andrey.62goncharov]

You just weren't there yet, but he was already. It's simple ...

[sergo1914]

Quote: OrangeBigg

Are you from Ukraine by any chance? Is that you?

Step away from the mirror. Just in case. And then you never know what.

[kot423]

Quote: Stroporez

and we are asking for investment

You may be asking for 404, but these 18 lard in sdr are help from covid, we were not the only ones who received it. Learn materiel.

[Sling cutter]

Quote: kot423

You may be asking for 404, but these 18 lard in sdr are help from covid, we were not the only ones who received it. Learn materiel.

voasya, do you at least understand what you said?
I am talking about investments in the ECONOMY and I ask why the people's money in the amount of almost 600 billion lies somewhere, and is not used for the development of the country ???
So you understand ???
PySy. don't start the current, don't poke it!

[kot423]

Quote: Stroporez

you at least I understood

I'm not interested in controversy with the cattle from 404 ...

[Sling cutter]

Quote: kot423

I'm not interested in controversy with the cattle from 404 ...

Straight Flashed Pouted, pouted, dangled and flew away

[volodimer]

Because our "real money" is simply invested in their economy, we have nothing from this. And in return we are given handouts in the form of "candy wrappers", for which we then give real values.
Do not ask why the Ministry of Finance and the Central Bank are not investing in our economy.
It's just that the "rulers" demonstrate their loyalty to the "world capital".
And all the games of sovereignty are for ordinary people, who will be thrown one-time 833 rubles to their monthly pension, and that's enough.

[Vita vko]

exercise the right to donate your SDRs to countries in need

I don’t understand about the option with Ukraine, I don’t understand the stupidity of throwing pearls in front of pigs. But investments at a minimum interest are also investments in Africa. There are many needy and worthy countries in the world - North Korea, Iran, and even the same Afghanistan, where the economy based on the production of drugs needs to be urgently rebuilt for any government, especially the Islamic one that fundamentally excludes drugs and alcohol.

[volodimer]

It only looks like "investments at a minimum interest", in fact, investments are subject to the following conditions: where and how much to invest, who can participate, from whom to buy equipment ... if the conditions are not met, the interest on the loan grows. New conditions are emerging. And as a result, this is no longer "investment at a minimum interest", but enslaving and extortionate. Microfinance is like this.

[volodimer]

Do you think that these "our" SDRs are exactly what Japan lacks?
Cheese in a charged mousetrap can only be offered to a hungrier mouse, in the hope that when it is swatted, it will be possible to profit from this cheese.
But the IMF, this is a reusable mousetrap, will also slam those who come for the trophy.
I am glad that you already understood everything, this "varick"It was created just for you. Go for it!
Well, about the fact that "Putin is to blame for everything," you said it yourself.

[Terenin]

Quote: volodimer

It only looks like "investments at a minimum interest", in fact, investments are subject to the following conditions: where and how much to invest, who can participate, from whom to buy equipment ... if the conditions are not met, the interest on the loan grows. New conditions are emerging. And as a result, this is no longer "investment at a minimum interest", but enslaving and extortionate. Microfinance is like this.

Vladimir needed a ruble, but you can only borrow from Moishe at interest.
Moishe will not give a ruble just like that - you need a deposit.
Volodya takes an ax and, having come to Moishe, asks for a ruble on the security of an ax, and in a month he will give two rubles and take the ax.
Moishe takes an ax, puts it in the chest, takes out a ruble from the chest, gives it to Vladimir and says:
“Will it be difficult for you to give back two rubles in a month?” Let’s give the ruble now, and in a month you’ll give the remaining ruble?
Volodya agrees, gives Moishe a ruble, goes and thinks:
- There is no ruble, there is no ax, and the ruble remains owed ...
And most importantly - EVERYTHING IS RIGHT!

[Barberry25]

And where does the SDR have to do with it? In fact, it is a type of money, a la dollar, only it is not the US Federal Reserve, but the IMF that issues them.

[Terenin]

Quote: Barberry25

And where does the SDR have to do with it? In fact, it is a type of money, a la dollar, only it is not the US Federal Reserve, but the IMF that issues them.

Mikhail Zadornov told us that the Americans are stupid, and Jen Psaki helped us to make sure of this.

[Barberry25]

oo ... topvar's experts in all their glory ... know nothing, understand nothing, but write a comment for the sake of comment ...

[Terenin]

Quote: Barberry25

oo ... topvar's experts in all their glory ... know nothing, understand nothing, but write a comment for the sake of comment ...

I also see no reason to strain your brain for your comment.

[Barberry25]

and you strain ... and before coming up with nonsense, study the question ... otherwise the law is already straightforward, if you see a zvizdazty status on Topvar, then in 9 out of 10 cases this is a person who does not know what he is writing about, but writes crap , which the crowd likes to catch the plus signs ...

[Terenin]

Quote: Barberry25

and you strain ... and before coming up with nonsense, study the question ...

Good. Take it easy.

[DymOk_v_dYmke]

Quote: volodimer

... as a result, it is no longer "investment at a minimum interest", but enslaving and extortionate. Microfinance is like this.

Therefore, the IMF deserves a trip on a long ... trip.

[volodimer]

The office, which was originally created to siphon money out of states that suddenly begin to show a tendency to development, maintaining the status quo prevailing at the time of the creation of this organization.
Yes, they will give money, but even if you advance your economy, the IMF "lender" countries will get the lion's share of your success. After the payment of loans and interest, the IMF will enrich itself, and if you do not go to zero, then you are already a success.

[NKT]

Where to invest them? From the previous budget, 1.1 trillion rubles was not spent.

[volodimer]

[Quote]Where to invest them? From the previous budget, 1.1 trillion rubles was not spent [/ Quote]
Underdevelopment is not an indicator of the uselessness of funds. I am sure that you yourself can easily throw a dozen goals in your region where you could usefully spend money.
Roads, housing, education, medicine, communications (electricity-plumbing-heating-sewerage). I just spent two days without electricity after a rain and wind, this is in the Primorsky Territory, where, according to the assurances of the authorities, after the "freezing rain" last year, all the networks were checked.
Unused money is generated very simply:
The regional authorities do not want responsibility. They will take the money, the temptation to steal. For leftovers, the work cannot be done. They cheat, but the money is stolen and punished for hack. They can and plant.
And if they do not take money, they will be chided for lack of initiative, but there is no work, there is no responsibility for hack-work and embezzlement.
The bottom line, unused money, lack of work, and lazy governors, but not caught on fraud and theft from the budget. And they can fill their pockets even without the federal budget.

[atalef]

Quote: Stroporez

Why the hell is our money lying around somewhere, and we are asking for investment ???

In general, the IMF is not an investment - the IMF is loans.

[aybolyt678]

Quote: Stroporez

Why the hell is our money lying around somewhere, and we are asking for investment ????

The balance between banking and industrial capital is upset in the world .. With the help of inflation, you can rob the whole world simply by printing money and owning the media ... If you cannot influence "your" money that is lying around somewhere, then it is not yours!
Who is asking for investment? our top? our thought? came up with a buzzword ... What industries to invest in if there is no long-term forecast for the development of at least 40-50 years ??
The authorities violate the social contract, this can be seen in the company's covid, in the pension reform, in scientific research in the field of social development - they simply do not exist !! practically the same in the field of industry.

[Charik]

Russia

[Charik]

four do not know the political party of the Russian Federation.

[Sidor Amenpodestovich]

Quote: CU-5

Do not take. Send benefactors. It was already, passed. We barely got out.

This is not a loan. As I understand it, this is something like a gift certificate or a discount coupon, which, as it is, can only be used in settlements with the IMF.
In order to monetize these SDRs, you can negotiate with any country that needs them and exchange them for an appropriate amount in foreign currency. You can sell them, you can transfer them to another country. It can be exchanged for a special loan from the IMF, but then, naturally, it will be necessary to fulfill some of the conditions of the latter.
Last time SDRs were issued in 2009, after the crisis. They rely on all countries participating in the IMF program. The CIS countries got the SDR for $ 25 billion.

[lucul]

This is not a loan. As I understand it, this is something like a gift certificate or a discount coupon, which, as it is, can only be used in settlements with the IMF.

"What is SDR
Special Drawing Rights (SDR) are an artificial means of payment settlement of the IMF that does not have a physical form. The SDR exchange rate is determined daily based on exchange rates for a basket of currencies - dollar, euro, yen, British pound and yuan.
Currently there are 204 billion SDRs in circulation (equivalent to approximately $ 290 billion), the new round brings the total to 660 billion SDRs. The IMF last issued a $ 250 billion SDR in 2009 to help the global economy cope with the aftermath of the global financial crisis.
The additional issue of SDR is distributed in proportion to the quotas of countries in the IMF - in fact, their shares in the fund's capital. The USA has the largest quota - 17,4%, Russia - 2,71%. The size is determined based on a formula that takes into account the country's GDP, balance of payments indicators and the level of international reserves. Countries at the IMF are in constant discussion about a fairer allocation of quotas, reflecting the real comparative weight of economies.
How SDR reserves can be used
Since SDRs are not considered a physical asset, they need to be converted to be usable outside of internal transactions with the IMF.
Member countries have the right to buy and sell SDRs, borrow, lend, pledge, swap or receive in the form of donations. Unlike the IMF lending programs, the SDR allocation itself does not imply conditions and obligations. "
Roughly speaking - printed money out of thin air (equivalent), the main thing is when you take it you agree that it is real)))) And this is already $ 660 billion of freshly printed candy wrappers, which will then be exchanged for real values ​​- raw materials))))

[Snail N9]

It is strange that the majority here shouts that our rulers will not take this loan. They will take it again as they take it. The SDR itself is such a slightly "clever way" of supporting the economies in whose currencies this loan is denominated. Have ours officially refused? No? Then they will take it on the sly, especially without advertising.

[Barberry25]

the most important thing is that they can be used .. the main thing is not to tighten

[atalef]

Quote: Sidor Amenpodestovich

This is not a loan.

of course credit

Quote: Sidor Amenpodestovich

as I understand it, this is something like a gift certificate or discount coupon

yeah. Discount card

Quote: Sidor Amenpodestovich

In order to monetize these SDRs, you can negotiate with any country that needs them and exchange them for an appropriate amount in foreign currency.

right now. air credit tied to a variety of currencies, since contributions to the IMF are paid by different countries and, accordingly, in different currencies 9 convertible, of course)

[Vadim237]

The fact of the matter is that this is not a loan.
Special Drawing Rights (SDR) are an artificial means of payment settlement of the IMF that does not have a physical form. The SDR exchange rate is determined daily based on exchange rates for a basket of currencies - dollar, euro, yen, British pound and yuan.
Member countries have the right to buy and sell SDRs, borrow, lend, pledge, swap or receive in the form of donations. Unlike the IMF lending programs, the SDR allocation itself does not imply conditions and obligations.

[atalef]

Quote: Vadim237

The fact of the matter is that this is not a loan.

interesting, but you probably haven't read the article

This "benefit" is unlikely to make our country or its citizens richer, since Russia is unlikely to be able to use these funds. To do this she will have to exchange your SDRs for real currency in another country or apply for a loan from the same International Monetary Fund. This organization, most likely, will not refuse, but will put up a list of conditions, the fulfillment of which is not always beneficial to the borrower.

Quote: Vadim237

... Unlike IMF lending programs, the SDR allocation itself does not imply conditions and obligations.

and what to do with them?

[Vadim237]

To provide assistance to other countries - for example, Belarus.

[aybolyt678]

Quote: Sidor Amenpodestovich

This is not a loan. As far as I understand, this is something like a gift certificate or discount coupon, which, as it is, can only be used in settlements with the IMF.

helicopter money! ??

[knn54]

SDR (essentially non-cash currency of the IMF), in the future, can replace the dollar as the world's reserve currency

[Roma 1977]

God forbid! The yuan is better.

[Andobor]

Quote: CU-5

We barely got out.

We got out without any problems, having bought our debts for a pittance in the market.

[volodimer]

No problem, it's loud. Yes, we played in the conjuncture, but this did not help the common people much, the ruble ... did not win back at all. Going into debt again, dropping the ruble and buying a ransom, repeating it again? If money went into the real economy, and so: benefits for the economy "0", and the people are poor.
Only poor, unfortunate bankers are satisfied.

[Ross xnumx]

Quote: CU-5

Do not take. Send benefactors. It was already, passed. We barely got out.

"Doed": the IMF allocated $ 18 billion for Russia

“Fear Danians Bringing Gifts”

[Thrifty]

And demand to redistribute this money to other specific countries, Syria, for example, can we ???

[Rubi0]

Why not take it for game, Che you want to be noble, Stalin refused reparations, you propose to give up papers for which you can get a loan at a low interest rate. And then you will whine that the mortgage is at 10% and in the states at 2%, in order to live like in the states you have to say goodbye to nobility

[Omskgasmyas]

What does it mean not to take? This is our share in the capital of the IMF and our money. But how to dispose of them in a businesslike manner, you need to think.

[aybolyt678]

Quote: Omskgazmyas

But how to dispose of them in a businesslike manner, you need to think.

you are not called Vladimir Vladimirovich ??

[Genry]

Quote: Omskgazmyas

This is our share in the capital of the IMF and our money.

SDR is not money, but a credit quota.

[Uran53]

The debt of Russia has been constantly growing lately. The NWF, where the super profits go, controls the Central Bank. MinFin (Siluanov) is in charge. And Sakhipzadovna does not give money to Antoshka, the West needs to be fed. And for loans from Antoshkina Russia (that is, we), and so we fulfill all their wishes. Example: the adoption of a pension reform.

[Barberry25]

as if, on the contrary, Russia's external debt decreased from $ 730 billion to $ 500 billion ... this is the total debt of both the state and private individuals ..

[Uran53]

According to preliminary data, in the first quarter of 2021, the state debt of the Russian Federation increased by 741 million rubles, or 290,4 percent, and as of April 3,9, 1 amounted to 2021 million rubles (19 percent of the projected volume GDP) ", - the document says. RIA Novosti The feed is full, but we'd better borrow!

[Barberry25]

so the external debt should be counted at the end of the year ... at the beginning of the year, as it were, usually loans are taken, and at the end they are paid off - in September the bonds are closed ..

[Barberry25]

Russia is a member of the IMF and this is conditionally its share .. it can do anything with it .. how to exchange and give it like that and ask for money ... and without conditions .. so the article got it wrong

[Maz]

Fear Danians bringing gifts!

[Proton]

Translate into Russian. Understood nothing.
What does it mean to donate your SDR?

[Egoza]

Quote: Proton

Translate into Russian. Understood nothing

There is no need to get into the IMF debt hole. Better to do without it. Is it clear now?

[Tusv]

Quote: Egoza

There is no need to get into the IMF debt hole. Better to do without it. Is it clear now?

Well, you can treat this differently. The SDR quota has grown from 13 million to 18 billion. Why so abruptly? And the sanctions on long-term borrowing have not yet been canceled. That is, we will not get them anyway. So this is a carrot that was passed in the period of developed democracy for concessions. That is, beads in exchange for ... what the west is most afraid of

[Orange bigg]

Quote: Proton

Translate into Russian. Understood nothing.
What does it mean to donate your SDR?

SDR is a carrot. In exchange for onerous terms.

The amount is allocated as SDR, or Special Drawing Rights. They are a special means of payment, which is calculated based on the mutual rates of five world currencies.

To do this, she will have to exchange her SDRs for real currency in another country or apply for a loan from the same International Monetary Fund. This organization, most likely, will not refuse, but will put up a list of conditions, the fulfillment of which does not always benefit the borrower.

[Sidor Amenpodestovich]

Quote: Proton

Translate into Russian. Understood nothing.
What does it mean to donate your SDR?

For example, on the street, flyers are handed out for free hair dyeing. You don't need this nafig, so you can donate it to your wife or daughter, or someone else.
With these SDRs, it's about the same.

[Proton]

Now I understand.
This is a type of approved loan.
Recently, these calls and SMS-ki "happiness" from banks have bothered - "You have been approved a loan for a hundred thousand million."

[Sidor Amenpodestovich]

Quote: Proton

This is a type of approved loan.

No. For example, the uncle of the cat Matroskin, who worked at a shoe polish factory, once a month was entitled to a box of shoe polish for free. You can, of course, not take it, but you can take it for future use, let it lie, you never know it will come in handy. You can sell, distribute to friends.

[White man]

As far as I understand, SDR is rather a non-unconditional right to borrow (of a loan) with the possibility of assignable assignment. Chubais's program of creating a class of large owners in Russia during the privatization and sale of IMF loans has already been implemented as a whole, therefore, they (SDR) are not relevant. If Shoigu is only for the bright cities of the future ...

[volodimer]

It's like giving up the "free" option offered by your cellular operator. But to use which from the second month you will have to go into debt.
And to donate .. is to shake off this option in favor of others.

[Ross xnumx]

Quote: Proton

What does it mean to donate your SDR?

The International Monetary Fund (IMF) on Monday, August 23, translated to Russia special drawing rights (SDR) package in the amount of $ 18 billion.

Special Drawing Rights (SDR) or SDR [(English Special Drawing Rights, SDR, SDRs) - artificial backup and payment meansissued by the International Monetary Fund (IMF). It has only a non-cash form in the form of entries on bank accounts. No banknotes were issued.
This means of payment was created by the IMF in 1969 as an addition to the existing reserve assets of member countries.
Those. says, take Ukraine, which is useless for us.

[boris epstein]

"For example, Ukraine, which constantly either asks or demands from everyone." That's just not Ukraine. She will definitely use them against Russia.

[Tusv]

Quote: boris epstein

That's just not Ukraine. She will definitely use them against Russia.

Not well, for a certain gesheft, it is possible to transfer the right to borrow to Ukraine in the amount of 0.1 percent per day. In less than a couple of years, Ukraine will elect Putin

[tralflot1832]

They were given the most of 2,7 billion SDR. Batka was also allocated 900 million SDR. He can buy them in Russia. But we have such a gimor, but we need to take them. Otherwise, they will go to gratuitous aid to developing countries, after the pandemic-Ukraine, for example.

[Light]

In the IMF, after all, they are not fools who throw money down the drain, they need to be confident in the client's solvency. Now, if the Outskirts increased the tariffs for the population 2-3 times, then took property with land for debts and sold it to someone, plus bankrupted and sold the assets of all enterprises, thereby paying off for loans, then it would be another matter.

[out of habit]

Refuse in favor of Afghanistan.
Troll so troll

[Well done]

Yeah, let's donate to Ukraine? These are the Nazis, and all sorts of poroshenko, Kolomoisky?

[Asad]

If money is allocated, then you asked for it? Or how does it happen? Recently, Russia made a loan, it seems, a billion euros, and foreign funds were happy to give money, because we ALWAYS pay!

[Sling cutter]

Quote: ASAD

Recently Russia made a loan, it seems, a billion euros, and foreign funds were happy to give money, because we ALWAYS pay!

why borrowed if

at the National Welfare Fund. As of June 1, nearly 13 trillion rubles were stored there, or approximately $ 188 billion.

[Asad]

I think it’s not easy to take money out of the box, why are all these Eurobonds issued by the Central Bank? And OFZ?

[Alex_Bora]

It's simple - turn on the calculator:
1. OFZ at 7% issued? They released it.
2. The money for OFZ was placed in Eurobonds and other international financial instruments with a yield of 1-2-3%.
3. For each transaction - a bonus to the performer!
4. OFZ was issued by the state, so even if it pays the difference between the borrowing rate on OFZ and the rate of return on Eurobonds, etc.
5. And absolutely free money in a box for the castle - BUDGETARY RULE !!! Nope !!!
6. And then:
- Kudrin is the best finance minister of the year !!! (when I was like that);
- Elvira NaE_ullina is the best head of the Central Bank !!!
Both by the decision of the next gathering of the IMF.
And they are only interested in the country's economy in those areas in which they were allowed to develop. The rest, with rare exceptions, die.

[volodimer]

I wrote above. Money in the NWF is collected not so that they can be useful for the country and our economy, but for support, you understand ...

[DymOk_v_dYmke]

Quote: volodimer

Money is collected in the NWF not so that they can be useful for the country and our economy, but for support, you understand ...

"Money in the NWF" does not hurt the ear as much as a short "tribute".

[volodimer]

You're right, the NWF has become some kind of vacuum cleaner. It seems that it was created to help the people in difficult times, but in reality it is simply the withdrawal of money or the collection of "tribute" for Nabiulina to talk about "low inflation."
Roosevelt and Hitler (it's not terrifying to put these two names side by side) got out of the stagnation of the economy by building roads, I note, not toll roads. Stalin bought factories for gold, and we, as the Spanish monarchy, want to live on rent. We invested in American bonds and that's it.
So where is this Great Spanish Empire? By the start of the industrial revolution, it was blown away!
Because, as A.S. Pushkin wrote in Onegin:
Branil Homer, Theocritus;
But I read Adam Smith
And he was a deep economy,
That is, he knew how to judge,
As the state grows rich,
And what lives, and why
He does not need gold,
When a simple product has.
Real production is always more important than money.
Money makes sense only when the producer is willing to exchange the fruit of his labor for it.
Otherwise, it's just paper ... or, at most, a piece of yellow metal.

[tralflot1832]

This is not money, it is an equivalent. It can be turned into real money by taking a loan from the IMF for your SDRs, or by cashing out in another country, transferring your SDRs to it. The IMF always wins and will dictate the terms of lending. It all depends on the country's share in the IMF. .The USA has 17,2% and some of the cream it, and then in decreasing order.

[Asad]

Our Central Bank raised the rate, there will be many people who want to add money, despite the sanctions on the purchase of Russian OFZs at first hand. Thanks for the clarification!

[tralflot1832]

There is still a joke SDR is more expensive than the dollar. The rich are getting richer, the poor are poorer. Find someone to suck your SDR at the real exchange rate, for the weak there is only a special one, the IMF, like we have in the 90s.

[YOU]

And who asked? Or is it a compulsory help that cannot be refused? They say you were given, but they took, did not take, and then, you still pay ????

[SERGE ANT]

No, Russia can add the funds received to international reserves, but in the current conditions it actually does not need them. The fact is that in order to receive real funds from the package of special borrowing rights SDR (an artificial means of payment, its rate depends on the mutual exchange rate of the dollar, euro, yen, British pound and yuan.), You need to either exchange for currency in another country, or get a loan from the IMF , but in this case, the fund will certainly put forward certain requirements. Well, this is something like an SMS "loan approved for you", and whether or not to take is your business.

[YOU]

It's clear. Then don't take it. Let them pay their own interest.

[Sidor Amenpodestovich]

In a note on RIA-Novosti, everything is clearly explained, if anyone is interested.
https://ria.ru/20210823/mvf-1746877189.html

[Dym71]

Quote: Sidor Amenpodestovich

In a note on RIA-Novosti, everything is clearly explained, if anyone is interested.

Thank you for the link, the comment from there is valid:

Quote: Karabas Barabas

fought with the dollar and almost won, as on you, it came from the rear

[Sidor Amenpodestovich]

These SDRs of Russia are designated as a member country of the IMF. It would be foolish to refuse them, since it costs Russia nothing and will not cost anything.

[babylon]

Our bureaucrats benefactors will donate, of course, to the same Ukraine, but not for thanks, but of course for good recoil, well, there the black hole will all disappear without a trace

[BISMARCK94]

The IMF has allocated 18 billion dollars for Russia

Yes, we don't need it, we are so bohat)

[Warhead-xnumx]

I’m just wondering, why borrow money if we don’t know what to do with our own? All sorts of Eurobonds, bonds, etc. Why is that? Or does Nabiullina have a foreign borrowing plan issued by the IMF?

[salad]

I read some absurdity

[Reserve buildbat]

"This organization, most likely, will not refuse, but will put up a list of conditions, the fulfillment of which does not always benefit the borrower."
Rather, the implementation of which ALWAYS goes to the detriment of the borrower.

[yfast]

"Take the free cheese you've been allocated," said the mousetrap.

[Andrei Nikolaevich]

This is a gift for the chubaty, for the day of independence, from everything from the economy, from gas, from the Crimea, etc. ... according to the list.

[Ros 56]

This IMF walks through the forest and all along the windbreaks with its own, not even money, but only permits for this money.
Py.Sy. By the way, how many Ukrainians have they allocated ???

[Dmitry Potapov]

And we need it?

[Prisoner]

And someone asked? Let them give it to the neighbors.

[K-50]

On August 2, the International Monetary Fund (IMF) allocated $ 18 billion for Russia.

It is unclear why ours take it when they themselves have 400+ yards "in the box"?
So that they fatten on our percentages?
Down with freeloaders !!!

[Jonny_Su]

The IMF's main goal is to stop currency crises and support imports. While Russia is not relevant. In 10 years it may come in handy.

[Freedim]

Give them SDR rubles with a demand to pay off their external debt :)

[Saaa80]

Nafig send them with such help! I hope that Russia will not confess to the next scam! In the 90s, we experienced all their charms from the IMF, so much so that the country was not lost. So, where the loans from this organization, poverty and the collapse of the economy, remember as an example of Yugoslavia and how it all ended, we all know perfectly well. Our country managed to break out of this trap only thanks to the price of oil, which saved the country. The Anglo-Saxons have very interesting tactics, at first they organize such conditions under which the economy of a competitor's country withers away, this is the first stage of colonization, then at the second stage they force them to take their initially onerous credit, while putting forward such requirements that worsen the situation of the country with the abandonment of its national interests. At the third stage, they completely control not only the economy of the debtor's country, but foreign policy. Thus comes such a quiet colonization of the debtor's country. Only friendship can be worse than a war with the Anglo-Saxons.

[tovarich-andrey.62goncharov]

For example, Ukraine, which constantly either asks or demands from everyone. "- Yeah, shcha, run. I will just pull up my pants. Did you think for yourself what you suggested?

[A. Privalov]

Russia has three options for using SDR.
The basic scenario is to add them to your international reserves.

An alternative is to take part in the IMF initiative to transfer SDR to poor countries in the form of aid.

"Russia objectively does not need additional reserves, and participation in a multilateral program of assistance to poor countries can be beneficial from the point of view of international positioning," the experts explain.

The third scenario is support for Belarus: the Russian Federation can provide Minsk with hard currency in exchange for its SDR.

[Alex Justice]

We're fine. Only the poor receive pensions. The rich do not receive; the middle peasants receive only part of their pension.

[Castro Ruiz]

Money from the IMF is a Trojan horse. Nebrat!

[Charik]

and that there is nothing to take from the people, they got into credit, they will not get drunk before the elections

[Vadim237]

Russia did not take any loans from the IMF SDR not a loan - there are no obligations to the givers on them.

[Klingon]

Quote: Doccor18

Quote: Stroporez

why then a penny. age increased ?????

Capitalism does not provide for the improvement of life for 100% of society, and the fact that pensions still exist are echoes of the USSR. The population is shrinking and aging. And who will provide pension savings and make their payments in 20, 30, 40 years - this is the most interesting and difficult question, since this increase in the pension threshold does not solve the problem, but only pushes it back by one generation ...

This trend in all developed countries, in Germany, the retirement age was lifted to 67 years for men (65 women), and for a long time. The same hole in the pension fund and in Germany, only migrants who are in the state are actively multiplying. providing.
The only acceptable way out is to invest in Stocks and ETF's, thus creating capital for oneself, since the state will throw away with a pension anyway

[Alexey Krekotnev]

Oligarchs and corrupt officials of all stripes are stuffing them into their pockets again, and the impoverished people of Russia are again in bondage. Isn't this money the current "aid" for children and the elderly?

[Navigator]

this is some kind of sabotage with the IMF. Russia lacks Stalin!

[Gunther]

Quote: lucul

Roughly speaking - printed money out of thin air (equivalent), the main thing is, when you take them, you agree that they are real)))) And this is already
$ 660 billion in freshly printed candy wrappers
which then will be exchanged for real values - raw material))))

and these "candy wrappers" are not provided with material values.
and with the general transition to "digital money", usurers will literally become the masters of life and death, therefore they drown in this way for refusing to cash.
virtual financial bubbles are well illustrated in Eshbach's One Trillion Dollars.

[Kopvin]

I don’t understand but our country asked for these funds? Or is it so for a positive credit history?

[Charik]

this is a loan for the promised handouts of the election, then we will give the whole country, and they will continue to eat Russia

[Uma palata]

Do not take, send the IMF.

[certero]

Quote: CU-5

Do not take. Send benefactors. It was already, passed. We barely got out.

The title, as always, does not reflect the real state of affairs. Russia, as a country participating in the International Monetary Fund and being one of its sponsors, simply received the rights to these 18 billion special drawing rights. Most likely, these funds will be used to finance some other countries.

[xomaNN]

I think competent domestic economists may well offer the desired option in order to convert into real money and not be in any dependence. Alternatively, give your SDRs to "friends" such as Armenia, Belarus, Serbia, etc. And they helped like and didn't spend real rubles

[Laksamana besar]

SDR is not a credit resource, it is a reserve asset.