Source Pravda.Ru

External loans of Russian companies not to be limited

There is no necessity in restricting the amounts of loans of Russian companies on the external market so far, Deputy Finance Minister Alexey Ulyukayev declared at a news conference in Moscow today. According to him, external loans of Russian companies do not pose a great danger so far. However, the Russian government is "thoroughly watching the volume of loans". Moreover, the bill on currency regulations and currency control, which is at the State Duma currently, in the event of a necessity will enable the government to introduce restrictions on capital operations by reserving up to 100 percent of the sum of a deal.

As reported earlier, according to S&P, the net debt of the federal government was 36 percent of the GDP at the end of 2002.

Comments
Russian government prepares to get rid of US dollar in economy
Russian government prepares to get rid of US dollar in economy
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Turkey desperately tries to rescue its national currency as it falls to all-time lows
US sanctions to kill Russian banks and sovereign debt?
Russia builds new robotic tank invulnerable to mines
Russia builds new robotic tank invulnerable to mines
Russia starts Star Wars first. USA concerned and puzzled
Turkey and USA take their relationship to breaking point
US sanctions to kill Russian banks and sovereign debt?
US sanctions to kill Russian banks and sovereign debt?
Details of Putin-Merkel surprise meeting unveiled
Turkey and USA take their relationship to breaking point
Iran shows new ICBM that can evade radars
US refuses to explain reasons behind new 'draconian' sanctions
Russia starts Star Wars first. USA concerned and puzzled
US sanctions to kill Russian banks and sovereign debt?
Pilot shares his impressions after flying Su-57 fifth-generation fighter
Russia to respond with military-strategic blow to new USA's sanctions
Russian government prepares to get rid of US dollar in economy
Russia to respond with military-strategic blow to new USA's sanctions