Today the fund approved a $1.04 billion loan to Russia.

The money is to replenish a fund approved four years ago for open space preservation.

The bank and the fund today approved a plan that would reduce Uganda's debt by $338 million.

If we get the funds approved, we're ready to break ground this year, which means 1,500 immediate construction jobs.

Still, the Ugandan government has not yet bought the nets the fund approved more than two years ago.

But last year, the fund approved an additional $1 billion in aid to Indonesia, raising its total commitment to $11.2 billion.

But three weeks later, having already irreparably harmed Indonesia's image, the fund quietly approved a budget with a 46 percent spending increase.

The fund approved 26 financing packages for developing countries in the fiscal year that ended on April 30 for a total of $15.6 billion.

And the monetary fund recently approved a $10.1 billion loan, which will help Russia pay back wages and finance much of its budget deficit.

Last week, the fund approved $654 million from its compensatory financing facility, which grants loans to nations hurt by depressed commodity prices.