Russia has scheduled its next presidential election for March 2. The Central Election Commission expects a voter turnout of between 65 and 70 percent. Vladimir Churov, the Head of the Commission, stated that 5.2 billion Russian roubles which is approximately 208 million US dollars have been allocated to the presidential election campaign from the state budget. He also said that the Commission expects around 300 international observers to be present during the election. Igor Borisov a member of the Russian central election commission is in the studio today to represent the official point of view.