Russia's government debt will be kept under 20% of GDP in the next few years, Prime Minister Vladimir Putin said on Tuesday.
The debt will only be 11% of the country's GDP by the yearend, Putin told a VTB-Capital forum in Moscow.
The debt will rise to 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 Finance Ministry.
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%.
MOSCOW, October 5 (RIA Novosti)