Date: 4 weeks ago   Category: Economy

Medvedev expressed the need "to warm" economy of Russia — Rambler News Service


Delay of global economy, the sanction and trade wars influenced delay of growth rates of GDP of Russia, measures are necessary "to warm" economy in 2019, the prime minister of the Russian Federation Dmitry Medvedev at a meeting said achievement of the national purposes of development of Russia in the sphere of economy and the housing sector. The shorthand report of a performance is published on the website of the government. "Following the results of last year gross domestic product grew a little more than 2%, at the beginning of this year it is worse than the loudspeaker. For this purpose there are also objective reasons, some of them is an instability of the markets, delay of global economy, care of investors, low consumer demand, sanctions, trade wars which are developed … additional measures are necessary a little to warm economy this year" — Medvedev said. The financial and economic block of the government has to consider these risks, "to prepare adequate measures for decrease in these risks" and "not to use for justification of why we have no necessary changes", Medvedev noted. "We have to leave higher than average world on rates of development, be fixed in number of five largest economies, considerably increase labor productivity and business activity, increase non-oil export, including export of machines, the equipment, agricultural products, export of services" — the prime minister told. According to Rosstat, GDP growth of Russia in the I quarter was 0.5%. The Ministry of Economic Development reported what GDP growth in the I quarter 2019 is expected slowed down up to 0.8%, and the greatest contribution to delay of growth rates of GDP was made by commodity turnover reduction. By estimates of the ministry, GDP growth of Russia following the results of a year will be at the level of 1.3%.

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