Russian central banker warns on spending plans

RUSSIA - Oleg Vyugin, first deputy chairman of Russia's central bank, said the stability of the country's economy could be adversely affected if government carries out its plan to increase spending next year.

"If we continue to move in this direction after 2003, we'll get an economy that is highly vulnerable to volatility on international markets," he remarked. The plan comes at a time when the Russian government is under intense pressure to increase its spending in light of next year's electi

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