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    WORLD BANK'S EXPERT AGAINST ADMINISTRATIVE BARRIERS IN HOUSING SPHERE

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    MOSCOW, February 18, 2004. (RIA Novosti). Numerous administrative barriers hamper the development of Russia's housing sector and mortgage, chief economist of the Russian office of the World Bank Christoph Ruhl told a press conference in Moscow on Wednesday.

    According to him, Russia's building and mortgage companies and borrowers face excessive administration barriers.

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