Kudrin: In 2010, Russia will resort to borrowing
Alexey Kudrin. Photo by ar Russia will fully spend the reserve fund in 2010 and resort to borrowing. As Prime-Tass reports, the Minister of Finance Alexei Kudrin stated this. "In 2010, we will go to increase public debt," he said. “If at the end of this year the public debt is 9.8 percent of GDP, then next year, if we carry out all loans, which we plan in the domestic and foreign markets, then there will be 12.8 percent of GDP,” Kudrin said.