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President Vladimir Putin discussed the country's financial and economic development in 2003 with Prime Minister Mikhail Kasyanov

January 6, 2004, Novo-Ogaryovo

Mr Kasyanov said that the 2003 budget had been fulfilled by 101%, with a surplus of 1.7% of GDP.

An initial cash reserve of over 100 billion roubles was established. Inflation in 2003 was 12%.

January 6, 2004, Novo-Ogaryovo