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Finance Ministry’s plans to borrow $7 billion on foreign markets still effective

August 20, 2014, 13:34 UTC+3 MOSCOW
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MOSCOW, August 20. /ITAR-TASS/. Russian Finance Ministry’s plans for borrowing $7 billion on foreign markets in 2015 are still on the agenda, Deputy Finance Minister Sergei Storchak said on Wednesday.

“The factors of geo-political risks are taken into account in our plans (for placing Eurobonds), but they are kept aside for the time being,” Storchak said. “We leave effective all plans for accessing markets, just as it was planned in drafting the three-year-budget.”

Storchak hopes that “geopolitical risks will dwindle, and the tensions that exist today will ease."

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