Russia Officials Discuss Economic Challenges 🇷🇺

(20 Aug 1998) T/I: 11:23:22 - A2
T/I: 10:51:21 - GS 21/08/98



Russian Prime Minister Sergei Kiriyenko on Thursday (20/8) briefed top foreign investors in Russia on his government's plans to rescue the country's economy. The meeting came a week after the Russian rouble plunged against the US dollar and left a huge question mark over Kiriyenko's economic reforms. Viktor Chernomyrdin, former prime minister and leader of the Our Home is Russia party, called on the government of Sergei Kiriyenko to admit who was guilty for the current instability. Russia's central bank chairman Sergei Dubinin called on the Russian bank system to close ranks to protect savers. Gennady Zyuganov, communist leader, insisted all guilt lay at the feet of president Boris Yeltsin. He expressed his party's repeated call for Yeltsin to resign.

SHOWS:

MOSCOW, RUSSIA 20/08

0.00 VS money exchange;
0.05 CU with dollar exchange rate;
0.08 VS traders; traders at computer screens;
0.13 WS meeting of foreign investors;
0.17 Russian Prime Minister Sergei Kiriyenko seated at meeting;
0.24 MS investors;
0.28 former prime minister and leader of the Our Home is Russia party Viktor Chernomyrdin enters presser;
0.35 SOT Chernomyrdin (in Russian) saying they need a highly
professional government made up of representatives of all
the leading parties and movements in Russia."
0.42 Gennady Zyuganov, communist leader enters presser;
0.54 GV central bank chairman Sergei Dubinin presser;
0.57 SOT Dubinin (in Russian): "The real reason for the crisis
is not strategical or tactical mistakes of the Central
Bank, but the weakness of our financial system."
1.04 VS of shoppers;
1.17 VISION ENDS

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