Russia's GDP after the fall of this year already in 2010 will grow by two to three per cent. With such a statement was made by Vice-Premier and Minister of Finance Alexei Kudrin. Its words transmits "Interfax". According to the Ministry of Economic Development, in 2009 Russia's economy to shrink by 2.2 percent.
Finance Minister said that his forecast is based on the current state of affairs in economics, RIA News. Consequently, when changing the global environment, the forecast can be adjusted.
In addition, Kudrin said that the rate of growth of lending to Russia in 2009 may become zero, even though in 2008 the figure was 35 percent. Reducing the rate of growth of credit would lead to additional burden on business, but the state, according to Kudrin, it is not possible to further reduce taxes.
The Minister stressed that in modern times of crisis the government is forced to increase its presence in the economy. Reverse the process will begin no earlier than two or three years, said Kudrin. For this purpose, to restore the financial markets.
Recall that Russia's GDP in January 2009 decreased by 2,4 percent compared to the same month in 2008 and 8.8 per cent compared with December. According to the Minister of Economic Development Elvira Nabiullina, GDP growth is possible if the oil price to 50 dollars per barrel. Now the Russian Urals in the world market is estimated at 43-44 dollars per barrel.
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