Byline: STEVEN GREENHOUSE New York Times
As part of a stepped-up effort to speed aid to Russia, Moscow and the International Monetary Fund will announce an agreement soon by which Russia will receive $1.5 billion in aid in exchange for promises to bring its inflation rate under control, IMF officials and advisers to Russia said Wednesday.
The agreement is expected to provide a total of $3 billion in loans to Russia within four to five months and is aimed at helping President Boris N. Yeltsin transform Russia into a market economy.
One official said that under the agreement, Russia has agreed to reduce growth in the amount of money and credit …
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