MOSCOW, May 25 (Reuters) - Russia's deal with the
International Monetary Fund (IMF) would forbid Moscow
from selling gold from central bank reserves, even to
help flood victims, a government source told Reuters
on Friday. The source was commenting on Thursday's
statement from President Vladimir Putin that he was
willing to dip into Russia's gold and diamond reserves
to help people in the flood-hit Sakha Republic who have
lost their homes."Our monetary programme doesn't allow
central bank gold sales. We have to accumulate reserves
and must not allow central bank decapitalisation," the
source said. ((Moscow Newsroom, +7 096 941 8520,
moscow.newsroom@

Potemkinsche Dörfer, wohin man blickt!

tofir


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>MOSCOW, May 25 (Reuters) - Russia's deal with the
>International Monetary Fund (IMF) would forbid Moscow
>from selling gold from central bank reserves, even to
>help flood victims, a government source told Reuters
>on Friday. The source was commenting on Thursday's
>statement from President Vladimir Putin that he was
>willing to dip into Russia's gold and diamond reserves
>to help people in the flood-hit Sakha Republic who have
>lost their homes."Our monetary programme doesn't allow
>central bank gold sales. We have to accumulate reserves
>and must not allow central bank decapitalisation," the
>source said. ((Moscow Newsroom, +7 096 941 8520,
>moscow.newsroom@

Putin:

Putin says Russia plans no gold sales for flood aid
Reuters
May 25 2001 at 01:59PM
Yerevan - President Vladimir Putin said Russia had no plans to sell gold to raise funds to help victims of floods in Siberia`s Yakutiya region.

Russian news agencies on Thursday quoted Putin as saying he intended to sign a decree on gold and diamond sales if a clear scheme was presented to him"to help people now on the streets".

But Putin told a news conference in the Armenian capital Yerevan, where he is attending a CIS security summit,"You misunderstood me."

"I didn`t say that Russia intends to sell gold. I reacted positively to a proposal on the possibility of a mutual settlement of debt on a so-called gold loan which Yakutiya took from Russian authorities," he said.

"I said it is possible. I did not say we would do it."

He also said the government might allow"a company which mines diamonds and other precious stones" to sell stones worth $300 million.

ALROSA is Russia`s diamond monopoly based in Yakutiya.

"And this is not a fact, but only a possibility if we see there are no other ways of solving the problems of the population which suffered from the flood." - Reuters


http://www.businessreport.co.za/htm...ol990791782833P352&set_id=60

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Ein ziemlich mieser Trick der Shortergemeinde - aber nur sehr kurzfristig wirksam: Nächstens bringen die noch das Gerücht in Umlauf, dass Dagobert Duck sich von seinem Gold trennt!!!

tofir


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>"And this is not a fact, but only a possibility if we see there are no other ways of solving the problems of the population which suffered from the flood." - Reuters
>
>http://www.businessreport.co.za/html/busrep/br_frame_decider.php?click_id=335&art_id=iol990791782833P352&set_id=60
>$$$$$$$$$$$$$$$$$$$$$$$$$
>Ein ziemlich mieser Trick der Shortergemeinde - aber nur sehr kurzfristig wirksam: Nächstens bringen die noch das Gerücht in Umlauf, dass Dagobert Duck sich von seinem Gold trennt!!!
>tofir




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>>"And this is not a fact, but only a possibility if we see there are no other ways of solving the problems of the population which suffered from the flood." - Reuters
>>
>>http://www.businessreport.co.za/html/busrep/br_frame_decider.php?click_id=335&art_id=iol990791782833P352&set_id=60
>>$$$$$$$$$$$$$$$$$$$$$$$$$
>>Ein ziemlich mieser Trick der Shortergemeinde - aber nur sehr kurzfristig wirksam: Nächstens bringen die noch das Gerücht in Umlauf, dass Dagobert Duck sich von seinem Gold trennt!!!
>>tofir


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