RUSSIAN EXPERTS WELCOMING THE GOVERNMENT RESOLUTION OVER THE
MANAGEMENT SYSTEM OF THE NATIONAL DEBT








MOSCOW, 6 March.  (RIA "Nowosti" correspondent Olga Chlebnowa).  The
structure of a uniform system for the administration of the national
debt and financial active in Russia can represent a basis for the
regulation of the debt problem of the country.

On behalf of the government the Treasury is to submit a concept of
this system in April.  The uniform system is to function as an
instrument for the stage-wise solution of the debt problem and for the
saving of the household expenses for the debt service.  The system is
the basis a clear memorandum between the powers at the management of
the national debt.  Today these powers were classified on different
offices.  The concept presupposes however the education of a national
debt agency.  This agency will enter in particular the national debt
and pays the risks off analyze, which serve national debt, to managen
and loans take.

Independent experts evaluate this initiative positively.  According to
Alexander Chandrujew, former deputy chairmen of the central bank of
Russia, the debt agencies experience-moderately completely and worked
everywhere.

" that is a correct step ", said also Oleg Wjugin, former deputy
Minister of Finance, today vice-president of the investment company
troika dialog.  It reminded of the fact that in the year 2003 for
Russia point payments occur after the debts.  Therefore the structure
of this system would permit to solve the problem more effectively.

In the meantime are the experts of the opinion the fact that the
structure of a uniform management system of the national debt
alterations at the normative base and organizational decisions
required and therefore 2 to 5 years can take up.