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Ex-President sees taming inflation as priority

      RBC, 08.05.2008, Moscow 12:44:18.The new government will regard curbing inflation as its priority task, Russia's ex-President and candidate for Prime Minister Vladimir Putin, told the State Duma today. According to Putin, inflation stood at 11.9 percent in 2007 for the country as a whole, and at 14.5 percent for low-income people. Within a few years to come, the government is poised to achieve a one-digit inflation rate. "We will be paying close attention to all aspects of the financial policy, primarily measures to quash inflation," Putin added.

      The ex-President pointed to Russia's growing economic potential and impressive financial reserves as the basis that would enable the country to weather global economic instability.

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