Iran Press/ Europe: Aleksey Mozhin, however, noted that the entity could still serve a useful purpose if only it stuck to its own charter.
Established back in 1944 and currently comprised of 190 nations, the IMF professes to work toward achieving “sustainable growth and prosperity for” its members. According to its website, it does so by “furthering international monetary cooperation, [and] encouraging the expansion of trade and economic growth.”
Speaking to RIA Novosti, Mozhin alleged that the “fund has turned into a financial appendage of NATO [as well as] a conduit and a tool for Western countries’ foreign policy.” He cited supposed “discrimination” directed at “a lot of member states,” without specifying any.
According to the outgoing Russian representative, the IMF “has become completely unfair in its assessment and analysis.” Mozhin suggested that the entity’s future is hanging in the balance.
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