Author`s name Pravda.Ru

Finance Minister comments on possible budget problems in 2004 - 12 March, 2003 - News - Comments

In the event oil prices drop to $12 per barrel, the lack of financial resources in Russia's expanded budget will reach 425bn rubles (about $13.52bn) in 2004, i.e. 2.9 percent of the GDP, Finance Minister Alexey Kudrin announced at an enlarged meeting of the ministry's board today.

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