Dvorkovich OK's Small Gap

Russia doesn't face "any threats" if the government runs a "small" budget gap in the next five years, Arkady Dvorkovich, economic aide to President Dmitry Medvedev, said Friday.

"I don't think a small deficit for this period carries any threats," Dvorkovich told reporters at the New Economic School in Moscow.

"It could be 1 percent, it could be half a percent, it could be 1.5 percent," he said. "The main thing is that it doesn't jump higher."

(Bloomberg)

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