June 17, 2008 By Citizen M

RA’s Daily Russia News Blast – June 17, 2008

170608.jpgTODAY: World Bank President visits Russia, praises economy, criticizes inflation; Putin says government funds are stalled; Russia boosts military presence in Central Asia; gifts for officials to be banned; Russians in Dubai. Robert Zoellick, the President of the World Bank, has been in Russia, and the Moscow Times sees him as full of praise for the country’s economic performance. But according to Bloomberg, Zoellick also issued a warning, saying that growth was dependent on the curbing of inflation. Prime Minister Vladimir Putin warned against delays in allocating this year’s $30 billion fund to a series of programs aimed at solving some of the country’s biggest problems. Alexei Kudrin says a new package of anti-inflationary measures will be submitted to the government this month.