Controversal Issues on Management of the Public Debt and State Reserves
In the period under review, a major international event was the Moscow meeting of G20 finance ministers and heads of central banks. In Russia, a few developments took place. On January 31, 2013, Premier Dmitri Medvedev approved the Main Guidelines for the RF Government’s Activities in the Period till 2018. The Ministry of Economic Development of the Russian Federation has prepared the Forecast of Long-Term Social and Economic Development of the Russian Federation in the Period till 2030. The prospect of a transfer of state reserves for placement on the domestic market and the public debt in management of a nongovernment company were largely discussed; also the Ministry of Finance of the Russian Federation and the Ministry of Economic Development of the Russian Federation debated the issue of reduction of the size of the National Welfare Fund and reallocation of thus available funds to the Development Fund.
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