Russia to cope with domestic and foreign debts next year - Putin

Chris Doss itschris13 at hotmail.com
Sun Sep 1 13:40:53 PDT 2002


Russia to cope with domestic and foreign debts next year - Putin MEZHDURECHENSK (KEMEROVO REGION). Aug 30 (Interfax) - Russian President Vladimir Putin believes that Russia will cope with the repayments on its domestic and foreign debts next year without damaging the social sphere.

"The state of the Russian economy is such that we have the right to count on repayments on the domestic and foreign debts without slashing social programs," Putin said in an interview with Siberian regional TV channels on Thursday.

Putin recalled that the draft budget for next year provides for hiking wages in the budget sector by 33% and for increasing stipends for students and subsidies for regions.

The televised interview lasted about an hour. Putin answered 14 questions, most of them concerning the social and economic situation in Siberia. <>

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