Friday, September 23, 2016

The Ministry of Finance will increase domestic borrowing in 2016 Росбалт.RU

the Finance Ministry plans to increase the program of internal loans for the year 2016 of approximately 100 billion rubles. This was stated by the head of Department Anton Siluanov.

“this year we plan to increase the amount of borrowing about 100 billion rubles,” — leads RIA Novosti his words.

Former Minister of Finance of the Russian Federation, Chairman of the Board of Directors of the Center for strategic research (CSR) Alexei Kudrin suggested that Russia in the next 2-3 years will be forced to increase domestic borrowing to 2 trillion rubles.

He believes that “in the next two years total borrowing can be increased to 2 trillion rubles at maturity 700-800 billion rubles”, and “safe level of the net borrowing — plus another 1 trillion rubles.”

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