Russia - Update on economic problems in Russia

(2 Sep 1998) T/I: 11:04:10


Russian President Boris Yeltsin and the State Duma remain locked in a battle of wills over Yeltsin's nomination of Viktor Chernomyrdin as the prime minister to pull Russia out of its economic crisis. The Communist-led Duma, the lower house of parliament, has already refused to approve Chernomyrdin once, and a second confirmation vote has been scheduled for Friday afternoon (4/9).

SHOWS:

MOSCOW, RUSSIA 2/9

WS exterior of the Duma;
Duma in session;
Gennady Zyuganov standing;
VS deputies in session;
Duma speaker Gennady Seleznyov presiding;
SOT Gennady Seleznyov Chairman of the Duma saying "We have decided that on Friday we would discuss the question of the candidacy of the new Prime Minister";
WS interior Duma;
people queuing in front of the bank;
VOX POP man saying (in Russian):"They don't give us any money, no dollars and no roubles";
people near bank;
sign showing dollar-rouble rate;
Arbat street with salesmen selling souvenirs;
woman explaining that Clinton "matryoskas" are selling well";
man saying "Let him (Clinton) be here. We don't care about his affairs";
exteriors of the MICEX Trade building;
computers showing dollar rate;
man reading newspaper with a photo of Zyuganov;
VS pedestrians in Arbat;
WS exterior EXHO Moscow radio station;
SOT Boris Berezovsky executive secretary of the CIS (in English): "We have a plan. We don't have the political power to realise this plan. We have professional people who are able to realise it but we need to have political support. This is a crucial problem.";
MS media leaving;
SOT Boris Fyodorov (in English): "There are no specific measures because Russia cannot forever live just waiting for the tranche from the IMF. Most of the measure taken have to be on our side. If our government aqnd the authorities want to have a budget then they have to givew us more authority to collect taxes. There should be no favourites. Those who do not pay taxes must be closed down or sold. So I think that the IMF is just a bridge along to prosperity, it has nothing to do.. you cannot import reforms, you cannot buy them. Nobody can finance them from abroad."

3.51

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