Date: 7 months ago   Category: Economy

Medvedev: the beginning of a six-year cycle will hardly be simple — Rambler News Service


Photo: Russian Government Press Office/Global Look Press the Russian Prime Minister Dmitry Medvedev during the meeting of the Government has said that the beginning of the current six-year cycle will hardly be simple. The Russia-24 TV channel broadcast. "All of us understand that the beginning of this six-year cycle will hardly be simple. We have to consider a situation in the world raw and financial markets and also not to a lesser extent possible expansion of trade wars and strengthening of protectionism and sanctions pressure" — Medvedev has told. As the prime minister has noted, it is necessary to build the economic policy so that the country could develop surely even in such adverse conditions and also provide steady increase in the standard of living. Medvedev has said that, according to the forecast of the Ministry of Economic Development, annual rates of economic growth since 2021 will exceed 3%. Also real income will grow, and inflation on average has to remain within a target indicator — about 4%.

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