Source Pravda.Ru

Gov't might attract $8bn on domestic market in 2004-2005

In the period from 2004 to 2005 the forecasted surplus of the state budget will enable the Finance Ministry to attract some 240bn-250bn rubles (about $7.67bn-8bn) on the domestic market, Deputy Finance Minister Bella Zlatkis declared today at parliamentary hearings devoted to the problem of state debts. She also noted that during these two years some 40 percent of resources of the pension system could be invested in state loan instruments.