Source Pravda.Ru

Can 2004 inflation be kept within 10-percent corridor?

The cabinet decision on a ceiling for tariffs set by natural monopolies will help to keep the rate of inflation within 10 percent in 2004, German Gref, Russian Minister for Economic Development and Trade, has said.

The decision adopted by the cabinet on Thursday is not final. Things will become absolutely clear on July 20, when the cabinet considers an updated version of the tariff ceiling, said Gref. In any case, the 10-percent level of inflation planned for the next year is not to be exceeded, he insists.

On Thursday the Russian government has taken a preliminary decision curbing the growth of gas tariffs to 20 percent, electricity tariffs to 16 percent and railage tariffs to 12 percent next year.

Comments
Russia unveils nuclear-powered interstellar spaceship
Russia unveils nuclear-powered interstellar spaceship
Capital outflow from Russia sets new records
Putin prepares bitter and hysterical missile surprise to 'American partners'
Putin prepares bitter and hysterical missile surprise to 'American partners'
Austria will not ruin its friendship with Russia despite spy scandal
The difference between Polish and Ukrainian nationalism is plain to see
Russia unveils nuclear-powered interstellar spaceship
The difference between Polish and Ukrainian nationalism is plain to see
Russia loses nuclear-capable cruise missile in Barents Sea. US intelligence finds it
Russia loses nuclear-capable cruise missile in Barents Sea. US intelligence finds it
Russia loses nuclear-capable cruise missile in Barents Sea. US intelligence finds it
Russia loses nuclear-capable cruise missile in Barents Sea. US intelligence finds it
Capital outflow from Russia sets new records
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Russia's game in Libya
US midterm elections: Impeachment unlikely, Russophobia getting stronger
Capital outflow from Russia sets new records
Russian PM threatens not to go to World Economic Forum in Davos
Russian PM threatens not to go to World Economic Forum in Davos
Russia close to recognising Donetsk and Luhansk republics after Donbass elections