13 May 2004 23:17
Govt. expects mortgage market to grow 30 times by 2010
MOSCOW. May 13 (Interfax) - The Russian government expects the market for mortgage loans to grow more than 30 times
by 2010, acting industry and energy minister Viktor Khristenko said at a government meeting in Moscow on Thursday.
"The mortgage market may grow from the current 10.5 billion rubles to 350 billion rubles in 2003 prices by
2010," Khristenko said.
"This is a forecast, but it is realistic from the point of view of measures [the government] is proposing,"
he said. [RU EUROPE EEU EMRG BNK POL] te tl <>
[Interfax] |
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