Russian Finance Minister Alexei Kudrin says that Russia will be able to pay off its foreign debt in full by using additional revenues
Published:
17 March 2001 y., Saturday
Russian Finance Minister Alexei Kudrin says that Russia will be able to pay
off its foreign debt in full by using additional revenues, mobilizing internal loans, using remainders of the federal budget accounts and dividends from privatization.
Addressing the Senators as the Federation Council upper house was
discussing amendments to the 2001 budget, Kudrin explained that payment
of the foreign debt would not interfere with raising wages for budget
employees or with expenditures for national defense and the judiciary.
Kudrin also pointed out that in spite of unfavorable forecasts in
connection with the introduction of the new Tax Code, tax collection in the
first months of 2001 was stable and demonstrated a positive tendency, while
what concerned income taxes, the figure had even increased.
He explained that thanks to all this, in March Russia would be able to
honor unpaid January debts. The Federation Council has given its approval to the mechanism for redistributing additional revenues in the 2001 budget in favor of honoring the country's foreign debt.
Šaltinis:
russia.strana.ru
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
In its first meeting in 2010, the Gas Coordination Group, under the chairmanship of the Commission, has focused today on the assessment of the situation on security of gas supply in the EU-27 and countries of the Energy Community and discussed priorities for the work of the Group in 2010.
more »
Luc Van den Brande, President of the EU Committee of the Regions (CoR), has used his first meeting with the President of the European Council, Herman Van Rompuy, to underline the importance of consultation between local, regional and national authorities.
more »
Basile Nkwesi, Directeur Commercial of Multiprint, speaks for dozens of frustrated business managers in this busy enterprise center when he talks about Cameroon’s costly and unreliable electricity.
more »
During 2009, over 2400 new corporate clients, whose total number currently exceeds 16 thousand, began using Bank SNORAS services.
more »
In 2009, the European Investment Bank (EIB) provided EUR 2.5 billion in 16 credit lines for financing the investment projects of SMEs (EUR 1 955 million) and local authorities (545 million) in Spain.
more »
In 2009, the number of counterfeit euro coins removed from circulation was 172 100, down from 195 900 the year before.
more »
Haiti began participating in the International Monetary Fund’s General Data Dissemination System on December 28, 2009, marking a major step forward in the development of its statistical system.
more »
According to the data of NASDAQ OMX Vilnius Stock Exchange, the price of Bank SNORAS registered ordinary shares grew by more than 2.5 times.
more »
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Cadbury PLC of the UK by Kraft Foods Inc. of the US by way of public offer.
more »
Statistics Lithuania informs that construction input prices inNovember 2009, against October, dropped by 0.5 percent.
more »