Anyone noticed if the embalmed body
has rotated lately?
Since President Vladimir Putin returned to the Kremlin last year, the government has adopted a new fiscal rule that bases spending plans on the long-term average oil price and caps the budget deficit at 1 percent of GDP.
"This rule is very important in the period when in other countries ... there is recession and ultimately it may happen to us at a time when there is a risk of commodity prices falling," [Prime Minister Dmitry] Medvedev said.
Future opportunities to increase budget revenues would be very limited, he said.
Though not impossible;
The government is also considering speeding up sales of state assets to raise funds, including the possible sale of a 19.5 percent stake in state oil major Rosneft.
No comments:
Post a Comment