Membership of IMF and World Bank

Date: April 27, 1992 • Location: Evenkiyskiy District, Russian Federation

The Russian Federation and 12 other former Soviet republics become members of the International Monetary Fund and the World Bank.

Russia, or the Russian Federation, is a country in Eastern Europe and North Asia. It is the largest country in the world, spanning eleven time zones and sharing land borders with fourteen countries. With a population of over 140 million, Russia is the most populous country in Europe and the ninth-most populous in the world. It is a highly urbanised country, with three-fourths of its population living in urban areas. Moscow, the most populous metropolitan area in Europe, is the capital and largest city of Russia, while Saint Petersburg is its second-largest city and a major cultural centre.