Source Pravda.Ru

Russia's higher investment rating not to cause Central Bank to change target figures

Following the granting of a higher investment rating to Russia, the Central Bank, however, does not suggest changing key targets for 2003-2004, Bank of Russia chairman Sergey Ignatyev said at a press conference Monday.

"A higher investment rating is certainly a major benefit for Russia which can now expect a capital inflow and better terms of borrowings abroad. Still, we do not plan any changes in key targets for 2003-2004," said Ignatyev.

He also reported no intention on the part of the Central Bank to revise the restricted real growth of the rouble's effective exchange rate by six percent in 2003 and by seven percent in 2004. There are prospects to bring down inflation to 12 percent in 2003 and to 10 percent in 2004, added Ignatyev.

These two controversial targets are now harder to be reached in the context of the Moody's decision to raise Russia's rating though there is still a possibility of keeping within these parameters, noted Ignatyev.

Russian Foreign Minister Sergei Lavrov said at a briefing in Beijing that the question about the shipment of S-300 anti-aircraft missile systems to Syria had not been resolved yet. However, Syrian Ambassador to Russia Riyad Haddad said that S-300 missile systems had been delivered to Syria last month

Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria

Representatives of the Israeli Defence Ministry responded to recent reports about the possible delivery of S-300 SAM systems from Russia to Syria. Israeli Defence Minister Avigdor Lieberman said that Israel would destroy those systems

Israel vows to destroy Russia's S-300 in Syria in case of danger
Comments
Russia and China warn against 'chaos and war' on Korean Peninsula
Large lake of boiling water found on Mars
Chernobyl could have killed 40,000 people
Silk Road To Germany: New Molotov-Ribbentrop-Mao Pact
Putin: Russia's young scientists build world's most powerful arms system in 7 years
Israel vows to destroy Russia's S-300 in Syria in case of danger
Russia wants to be prepared for most severe sanctions that Washington is working on
Russia wants to be prepared for most severe sanctions that Washington is working on
Russian Air Force shows how NATO ships can be destroyed. Video
Two women fall victims to Moscow plastic surgeons in two weeks
World War Three is near? The West wants to bypass Russia's veto at UN Security Council
Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria
Russian Air Force shows how NATO ships can be destroyed. Video
UK's Lehram fails to challenge the sale of Kuzbass mine
Ukraine loses nearly 4,000 military men killing fellow Ukrainians in Donbass
World War Three is near? The West wants to bypass Russia's veto at UN Security Council
Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria
Putin to sign new decree to spend ten trillion rubles on social needs
World War Three is near? The West wants to bypass Russia's veto at UN Security Council
Large lake of boiling water found on Mars
Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria