Source Pravda.Ru

Russia's State Debt In 2002 To Contract To 48 Percent Of Gdp

In 2002 Russia's state debt will contract to 48 percent of GDP from this year's 55 percent. This forecast was made by vice-premier and finance minister Alexei Kudrin. According to him, in 2002 payments to redeem the state debt will be made in full and the government will do without attracting IMF loans. The vice-premier noted that important steps are to be made in tax policy next year, i.e. tax burden will be lowered by 1.8 percent of GDP, including profit tax rate cut from 35 percent to 24 percent; a tax on mineral resource mining will be introduced to substitute four currently effective taxes. Russian offshores will be eliminated. Budget expenditures, Kudrin stated, are being increased in priority directions such as wages of budget-dependent workers, military servicemen and persons similar to them included. The number of federal targeted programmes will be reduced from 133 in 2001 to 48 in 2002. All this is being done for top priority programmes to be financed in full, Kudrin asserted.

A year after the constitutional referendum of December 4th, 2016 that saw the victory of the NAY and the blatant defeat of the government front that had proposed the referendum, it can be said with certainty that the trauma for the defeated is now past. But there is still fear in them, not so hidden either...

Italy: Free fall

On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

Human Rights Day: Let us hang our heads in shame
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