27 May 2004 00:10 Reducing inflation to 3% before 2008 unfeasible - Gref MOSCOW. May 27 (Interfax) - It is unfeasible to reduce inflation in Russia to 3% a year before 2008, said Russian
Economic Development and Trade Minister German Gref.
"This objective could be reached sooner, but not when structural reforms are being pursued," Gref said at a
government meeting on Thursday.
In this period, the normal inflation rate should be 5%-6%, he said. [RU EUROPE ASIA EEU EMRG ECI PRO POL] va tl
[Interfax] |