According to First Deputy Minister of Finance of Russia Irina Okladnikova, the Ministry of Finance of the Russian Federation does not consider it necessary to increase public debt at the moment. writes about this TASS.
He noted that non-oil and gas revenues are in good shape, so the plan is to stick with current revenues.
“There is no need at the moment. Our non-oil and gas revenues are going well, so we will try to comply with the revenues we have,” Okladnikova emphasized, answering a question about the possibility of increasing public debt.
He also noted that the current level of public debt corresponds to the parameters provided by the state program.
“We find the current debt level safe and we are paying it down. These are expenses, of course, but this is largely due to the increase in the interest rate,” Okladnikova explained.
Kim Dotcom, former owner of Megaupload, the largest file hosting service before this statedThat the economic collapse of the United States was inevitable due to the huge national debt. The entrepreneur noted that interest payments reached one trillion dollars, which is one-third of US taxes.
Putin before named Russia is Europe’s largest economy.
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Source: Gazeta
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