17 June 2004 08:48
RUSSIA SHOULD BE READY FOR A DROP IN OIL PRICES - KUDRIN
"We should be ready for the ordeal of low prices," Kudrin said.
He said that the rise and fall in world oil prices is cyclic.
MOSCOW. June 17 (Interfax) - Russia should be ready for a drop in world oil prices, Finance Minister Alexei Kudrin
said at a government meeting on Thursday.
"Apparently this may happen," he said.
Kudrin said that for this reason the government should implement an economic policy that ensures a reduction in the
economy's dependence on world conditions and oil prices.
[Interfax] |
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