Russia is going to attract $3bn from foreign markets in 2004 and $4bn in 2005, Russian Finance Minister Alexey Kudrin reported to journalists after today's government meeting devoted to the discussion of the long-range financial plan for 2003 to 2005. According to him, the government is planning to attract resources for lower interest rates and replace expensive debts with cheaper ones.
At the same time, the Finance Minister pointed out that the inflation rate could be 8 percent in 2005. As for the federal budget surplus, it could reach RUR254bn (about $7.97bn) in 2004 and RUR293bn (about $9.20bn) in 2005, Kudrin said.
Malaysia needs Russia's assistance in maintaining and repairing Su-30MKM fighter jets
Japanese Prime Minister Shinzo Abe said that US army bases will not appear on the southern Kuril Islands in the even Russia delivers them to Japan
Posters for the play "Adam and Eve. Life after Paradise" with pictures of dancers Arsen Aghamalyan and Oksana Vasilyeva were banned in the city of Tver, Central Russia