MOSCOW, January 6, 2004. /RIA Novosti/ -- On Tuesday Russian President Vladimir Putin held a working meeting with Prime Minister Mikhail Kasyanov.
Kasyanov briefed Putin on additional results of the country's financial and economic policy in 2003, President's Press-Secretary Alexei Gromov reported.
"The budget's planned incomes have been exceeded and amounted to 101 percent," Kasyanov said. Thus, the budget was fulfilled with a surplus of 1.7 percent of the GDP, he explained.
After the results of the 2003 budget's fulfillment, a stabilization fund was set up with an initial sum of over 100 billion roubles (over $3.3 billion), the Prime Minister pointed out.
"The inflation rate equaled 12.0 percent, as was forecasted," he added.
By the end of January the Cabinet will endorse a package of measures to fulfill the law on the 2004 federal budget, Kasyanov said.
