Source Pravda.Ru

Mikhail Kasyanov Describes Current Budget Execution As "quite Successful"

At the Thursday session of the Cabinet of Ministers, Prime Minister Mikhail Kasyanov described execution of the current budget as "quite successful." As of today, budget surplus amounts to 2% of the gross domestic product, which accounts for the country's stable macroeconomic situation, said Kasyanov. Identifying the state budget as the backbone of Russian economy, he stressed that the centrepiece of the session was reforming regional finance. Apart from that, the government will focus its attention on issues related to an upcoming pension reform.