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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?


To: CIMA who wrote (961)4/7/1999 4:40:00 PM
From: Rob Shilling  Read Replies (1) | Respond to of 1301
 
Russia's tax collection has been a problem, but look at this from Interfax:

A total of 52.03 billion rubles was collected in taxes in the first quarter of 1999, the planned target being 48.84 billion,
Russian Tax Minister Georgy Boos said at a briefing Wednesday. The ministry collected 19.32 billion rubles in March, 5.1%
over the target of 18.15 billion rubles.

... And oil prices were VERY LOW for most of the first quarter. Much improvement to come here.