[Financing] for the whole range of federal programs has almost been doubled. |
By 2010, GDP will not be doubled but we will be able to achieve fairly high economic growth using additional mechanisms in the medium term to ensure that GDP will be doubled in the longer term. |
Contacts must be closer between the Ministry of Industry and Energy and oil companies to fix [fuel] price growth at 11%, as projected. |
Foreign and Russian companies should have equal conditions of competition. If a foreign bank or insurance company wants to work on the Russian market, it can establish a subsidiary here. This entails higher standards of operation but equal conditions for all market players. |
Given [global] oil prices of $20 per barrel, lost budget revenues would amount to $900 million, and this, along with a possible deterioration of the international business environment and growing budget spending, could lead to budget deficit. In this case, the Stabilization Fund could cover country's expenditures for about two or two and a half years. |
Higher economic growth without curtailed inflation is impossible. |
Higher grain prices increase the risk of higher prices for bread products. |
In my opinion, we have an opportunity to stay within the limits of the planned 9%. |
Inflation totaled about 4% over the two months, which was largely due to the Artic temperatures, and surge in consumer demand for salt. |
Intensive and difficult talks are under way. However, we are optimistic that solutions to the remaining issues will be found in no more than one to one and a half months. |
On average, we expect the ruble's appreciation to slow down by more than two times next year. |
Progress should be made on these two points. The bill on the repatriation of capital is being polished now. |
Since the beginning of the month inflation has been no more than 0.4% and is not likely to hit 0.6% by the end of the month. |
The company has made a decision on investments. |
The geography of these projects varies from mechanical engineering to the high-tech sphere and chemical industry. |