(Bloomberg) -- The International Monetary Fund warned
about accelerating Russian government spending and raised
questions about whether it will administer the money effectively.
Russia plans to spend ``most of the oil windfall in the
next couple of years,'' Poul Thomsen, head of the IMF in Russia,
told reporters in Moscow today. ``The government must ask itself
whether it's wise to spend this oil wealth so quickly.''
Read more at Bloomberg Emerging Markets News
about accelerating Russian government spending and raised
questions about whether it will administer the money effectively.
Russia plans to spend ``most of the oil windfall in the
next couple of years,'' Poul Thomsen, head of the IMF in Russia,
told reporters in Moscow today. ``The government must ask itself
whether it's wise to spend this oil wealth so quickly.''
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment