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 RUSSIA IN FACTS
12 May 2004 19:49
Russian premier says management of state debt under control
Moscow, 12 May: The Russian government has the necessary means to smooth Russia's external debt repayment peaks and to minimize debt-servicing costs, acting Prime Minister Mikhail Fradkov told the State Duma today. Fradkov has since been endorsed as prime minister. The management of the state debt is under control, Fradkov told State Duma deputies on Wednesday [12 May]. He also said that an agreement had been reached on issues concerning the debt of the former Soviet Union. Fradkov noted that the inventory audit of Russia's property abroad is almost finished. The Federal Agency for Managing Federal Property is carrying out the audit. According to Fradkov, the budget received "hundreds of millions of dollars" from the use of Russia's facilities abroad.
[Prime-TASS news agency]
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