If inflation is 3-4, interest rates will drop to 5-7 and loans could be issued for 10 years.
More Quotes from Alexei Kudrin:
This is not just a question of supplies of oil or gas, though they of course play a serious role.Alexei Kudrin
We will have to raise VAT again in a couple of years.
Alexei Kudrin
Lowering inflation to 3-4 annually should be a priority, a major instrument of economic policy, and we have the means to lower inflation to this level.
Alexei Kudrin
We informed our partners about the development of the gas industry in Russia.
Alexei Kudrin
That is why we do not understand the U.S. dollar at the moment as the universal or absolute reserve currency.
Alexei Kudrin
It is the first time in my experience that major changes that were rejected during preliminary considerations have been made to such a high-profile document without prior discussion by the Cabinet and coordination with the main ministers.
Alexei Kudrin
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