17 June 2004 00:07
Russia can guarantee 7% economic growth by 2008 - Kudrin
MOSCOW. June 17 (Interfax) - Russia will be able to ensure steady economic growth of 7% by 2008, Finance Minister
Alexei Kudrin said at a government meeting Thursday.
"If we use administrative resources and carry out structural reforms, I am sure we will see a steady rate [of
growth]," he said.
Structural reforms will lead to a reduction in subsidies, especially in the housing and utilities sector, he
said.
"If we carry out structural reforms, it will contain tariff growth and lower company spending," the
minister said. [RU ASIA EUROPE EEU EMRG ECI] me
[Interfax] |
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