Wednesday, November 2, 2011

Russia - a generous soul - December 24, 2008

Rules igry24-12-2008 Russia - a generous soul - December 24, 2008 in Russia in 2009 will have to borrow abroad, and its budget for the first time in 10 years will be scarce. At the same time, Russia intends to provide huge loans to Belarus, Kyrgyzstan, Iceland - not the best borrowers. Such extravagance might be politically expedient, suggest analysts and expressed hope that Russia did not have to "go into debt." Russian news agencies were thrilled statements of presidential aide Arkady Dvorkovich, in fact, officially declared that the Russian budget in 2009 for the first time in the last ten years will be scarce. The deficit will be covered by the contingency fund. In addition, Dvorkovich did not rule out the possibility that Russia will have to resort to foreign borrowing in 2009. "As in every year, we can resort to this possibility, we have a very low level of debt and borrowing in external markets, it is normal practice" - quoted by A. Dvorkovich ITAR-TASS. Dvorkovich said that we are not talking about the International Monetary Fund and similar organizations.

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