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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]
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