Wednesday, June 1, 2011

Dvorkovich: 31-32 ruble will be worth a dollar in 2009

31-32 rubles. the dollar amount to the ruble in the next year. This was stated by the TV channel "Vesti" Russian presidential aide Arkady Dvorkovich. According to him, any fluctuations in the ruble will not be. In an interview he spoke of two scenarios for fiscal policy. The budget deficit may reach 3% to 5%, he said. This will depend on how quickly the world economy begins to recover from the crisis. On the optimistic version would be expected if the output from the global crisis will begin in the middle of next year. Otherwise, if the recession is to continue, the deficit may exceed 5%. But in any case, the Reserve Fund will be enough to cover the deficit, as in 2009. And in 2010. I am sure the official

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