‘Tough steps’ required on Government spending
Published: 25 May, 2009, 22:18
Russia has only just completed this year's federal budget. Now, against a shaky economic outlook, it's looking to 2010, with President Dmitry Medvedev calling for "tough steps" to control government spending.










Kudrin (and Medvedev) should abandon oudated monetarist policies and try to make the economy more divesrse. Waiting for the private sector to do it for them is an illussion.