Word: nemtsov
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Dates: during 1990-1999
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...Nemtsov served as Russia's deputy prime minister from March 1997 to August 1998, gaining a reputation for reform before being forced out by an economic crisis...
Currently, unemployment in Russia is at 12 percent and 40 million people have incomes below the poverty line, Nemtsov said. Daily interest payments on the national debt exceed the government's daily income, he added...
...Nemtsov said Russia's budget deficit should be reduced and the national debt restructured. Tax laws should also be reformed, he said...
...situation will improve very soon, but not immediately," Nemtsov said...
...Nemtsov also said failing businesses should be allowed to go bankrupt to reduce inefficiencies and that law enforcement needs to be improved to promote stability...