The 2003 budget is to observe not only social obligations, but also Russia's obligations for its foreign debts, Russian Finance Minister Alexey Kudrin stated at a meeting of a council for interaction of the Federation Council with legislative bodies of Russian regions. In 2003, the country is to repay $17bn for foreign debts. He pointed out that "otherwise, non-implementation of liabilities could lead to a default and eventually, to capital flight, changes in the country's payment balance, devaluation of citizens' savings, and a decline in investments". Kudrin stressed once again that Russia would be able to cope with set tasks, which were an increase in the GDP, a growth of real incomes of citizens, a decrease in the inflation rate, and a surge of industrial production volume.
He pointed out that the 2003 consolidated budget stipulated the most considerable expenses for education, defense, industry, construction, energy, law-enforcement authorities, social policy, and healthcare.
After it turned out that Deputy Prime Minister Andrei Belousov included the Fonbet betting company in the list of backbone enterprises that can count on state support, everyone started talking about these bookmakers.