-Caveat Lector-

IMF Team To Visit Moscow Next Week



MOSCOW (AP) -- An International Monetary Fund mission will arrive in Moscow
next week for extended talks about Russia's economic woes and the possibility
of resuming aid.

The delegation is expected to arrive next Wednesday and stay until Feb. 5 or
Feb. 8, the Interfax news agency reported. The IMF's chief representative in
Moscow couldn't immediately be reached for comment.

The visit will be longer than usual because the group will also be preparing
its annual report on Russia's economic performance, Interfax said.

Russia desperately wants IMF loans, but at the same time accuses the fund of
doling out bad financial advice along with its money. Russian officials blame
the IMF for the nation's economic turmoil.

Russia's Finance Minister Mikhail Zadornov refused to speculate Wednesday on
when Russia may get more IMF money, but said the government wanted it ``the
sooner the better.''

A $22.6 billion aid package for Russia put together by the IMF this summer was
frozen after the government defaulted on some of its debts and devalued the
currency in August. Since then, the IMF has been demanding a sound economic
recovery program as a condition for resuming aid.

Russia's coffers are so bare that the national budget for this year is only
$26 billion -- less than what the U.S. government spends in a typical week.

Meanwhile, Russia faces $17.5 billion in foreign debt payments this year. The
government said Tuesday that it planned to pay just $4.6 billion of the total.

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