Medvedev has promised to tell the truth about the financial crisis.

KommentariiRavnenie at krizis06.02.2009Pravitelstvo shifted to long-term crisis planirovanieVlast should "openly and explicitly" to tell the Russians about the real situation in Russia and the measures taken by the Government to combat the crisis. This was stated by the President of Russia Dmitry Medvedev, RIA Novosti reported. The first interview, in which Medvedev talk about anti-crisis measures will be released on Sunday in the TV program "News Week".
"Talking of power in the current situation should be on these issues regular character, dialogue should take place regularly," - added the President. "Our life is very important to speak the truth, talk about the difficulties that are now experiencing a whole world, is our country," - said Medvedev.
In the first speech, Russian President intends to talk about the responsibility of the authorities to the citizens, as well as other aspects of life in Russia during the global financial and economic crisis. "Let's talk on all the most difficult issues that now concern of all countries, including the twenty largest economies of the world", - told Medvedev.
In late January 2009, the first vice-premier of Russia Igor Shuvalov said that the Government's crisis plan is fully formulated in the next few weeks. According to the vice-premier, Russia accumulated reserves will be sufficient to carry out anti-crisis plan. However, if prolonged recession, the Government intends to adopt "more stringent in terms of financial solutions."
Previously, it was reported that authorities plan to allocate for recapitalization of banks to 900 billion rubles. Nevertheless, this amount has not yet been approved. In October 2008, Russian banks have already received credit for 950 billion rubles for a period up to 2019. Most of the funds received VTB, Sberbank and Russian Agricultural Bank - 500, 200 and 25 billion rubles, respectively. The money they had to spend on credit industry.
By the end of January 2009, Russian companies can apply for crisis loans VEBa of 50 billion dollars. This means firms can spend on the restructuring of its external debt. In total, the company received funding of $ 11 billion. Now the issuance of credit may be suspended.
On 4 February this year, Igor Shuvalov announced that the remaining VEBa 39 billion dollars, which he has not yet been issued in the form of loans to companies, can be spent on preserving macroeconomic stability and to maintain the banking system. Earlier, Minister of Finance of Russia Alexey Kudrin said that the Government has already allocated $ 40 billion to support the banking system and that gospomoschi can be doubled.
In mid-December last year, Prime Minister Vladimir Putin of Russia announced that the Government has allocated up to nine trillion rubles to support the country's financial system. At the same time to maintain the banking system had already been sent to five trillion rubles.