The view of another senior Treasury official, Under Secretary David Mulford, (expressed on the record at the London Economic Summit) to the effect that a currency stabilization fund for the Soviet Union would not be possible for at least 2-3 years -- a period of sufficient duration to permit structural reforms to precede ruble convertibility, will probably go by the boards within 6-9 months.

CENTERFORSECURITYPOLICY: Center For Security Policy

In 1989 the country adopted an economic stabilization program drawn up in consultation with the International Monetary Fund.

CNN: Vietnam and the Crisis