Russian banker predicts 'not easy' year

Uncertainty about the restructuring of Russia's debt to the Paris Club of creditors might entail changes in Russia's fiscal and credit policy in 2001, said central bank first deputy chairman Tatyana Paramonova.

She said in the State Duma, or parliament's lower house, today that it would be risky to project in the federal 2001 budget an international oil price higher that $21.5 a barrel. Paramonova said 2001 would not be an "easy" year, with uncertainly of oil prices and with the restructuring

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