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The Stabilization Fund will become a securities

July 22 2005

Finance Minister Alexei Kudrin said that after two or three months means the stabilization fund could be placed in securities.

In an interview with reporters, he said that this work has been done and is almost completed. Kudrin also said that the securities will be able to place all available funds Stabilization Fund. Part of the securities will be sold and the funds will be allocated to external debt service.

The Minister noted that it is mostly about the papers of the "Big Eight", RIA Novosti news agency.

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