RUSSIAN ECONOMIST: BUDGET FINANCING PLAN IS INFLATIONARY.

Publication: Monitor Volume: 1 Issue: 14

Andrei Illarionov,former economic advisor to Yeltsin, and now chief of the Moscow Institute ofEconomic Analysis, told Segodnya May 17 that, government claims to thecontrary, 85% of the state budget deficit this year will in fact be financedby inflationary means–including easy credit from banks and very short-termbonds.

But Moscow Expects More Loans From Abroad.