World Bank Official Comments On Joint Monitoring Of Economic Reforms In Russia

A joint monitoring of the process of implementing economic reforms in Russia conducted by the World Bank and the government of the Russian Federation will be carried out in several directions, Country Director of the World Bank for Russia Julian Schwitzer reported in an interview with journalists in Moscow today.

According to him, the monitoring of the government economic program requires much resources, that is why it will be concentrated on such topics as the deregulation of the economy, cash payments, etc. As of today, the Bank "has carried out some technical procedures in order to find out whether it is possible to elaborate on indices for estimating the progress of reforms," Schwitzer noted. Such kind of activities requires a detailed statistic research. In his opinion, the program of the Russian government is very complicated and could "challenge any other country."