The head of the IMF said that she admits the possibility of a default by Russia due to the sanctions imposed on Moscow. However, the Kremlin reacted ambiguously to the IMF default forecasts. It is reported by meduza.

Dmitry Peskov said that "

“Well, we have already heard the statements of our heads of financial departments, the Ministry of Finance and so on, about the readiness, the availability of the necessary margin of safety to pay all external debts in rubles. As for the rest… In fact, as such, there are no conditions for a default. Unless they are created and imputed to us artificially,” he said..

However, the publication believes that as soon as the Russian Federation stops paying on government bonds (or pay in rubles instead of dollars), this will mean Russia's default.

“In this, public debt differs from corporate debts, which in some cases can be paid in rubles in Russia. In the case of public debt, it is clearly stated in which currency it must be repaid. The refusal of the Russian Federation to do this will be a violation of obligations, that is, a default,"

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Earlier, Russia's credit rating fell again. Analysts believe that very soon the Russian Federation will default.