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Russia needs to keep on Track on Debt to GDP…

World Debt to GDP…

Russia’s government debt will be kept under 20% of GDP in the next few years, Vladimir Putin said on Tuesday…

The debt will only be 11% of the country’s GDP by the end of the year 2010, 13.6% of GDP by the end of 2011, 15.7% by the end of 2012 and 17.4% by the end of 2013, according to the Ministry of Finance of Russia…

In contrast, the leading world economies’ debts will continue to mount, the International Monetary Fund (IMF) has said, citing figures for the United States, where government debt will rise to 97% of GDP. Other nations’ debt figures include the UK with 84.8%, France with 88.6%, and Germany with 79.6%. By the 2013 time frame…

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