Friday, January 22, 2016

Alexei Kudrin believes that the peak of the economic crisis is yet to come – Kommersant

Former Russian Finance Minister Alexei Kudrin said at the World Economic Forum in Davos, expressed the view that the peak of the economic crisis is yet to come. “2016 carries risks. No aides, no I do not believe that there will be a new big collapse in oil prices – it created a new reality. Therefore, the peak of the crisis is yet to come “- quoted by Tass Mr. Kudrin. He noted that 2017 will be the year for the Russian zero or positive growth.

In addition, the former head of the Ministry of Finance believes that Western sanctions against Russia will begin to wane in the late 2016 – early 2017. Mr. Kudrin believes that this will allow Russia to come back in the G8. “I am confident that Russia, after some negotiation or new dialogue will return all global formats including” eight “, and not because it will be again, super strong economic power and because it has a set of qualities, including geopolitical, military the values ​​that were originally the basis for the inclusion of Russia in the “eight”, “- said Alexei Kudrin. He added that Russia has never refused to participate in the life of the world community.

Earlier, the UN issued a forecast for the world economy. The volatility of financial markets and the decline in investment in developing countries will continue to be obstacles to the acceleration of economic growth in the current year, according to the report of the UN Conference on Trade and Development on the prospects for the global economy. In Russia at the United Nations gave a very positive outlook – zero growth in 2016, calculated, however, based on the price of $ 51 per barrel.

At the same time, the Russian government started to prepare anti-crisis measures. The first version of the anti-crisis plan will be published this week: January 25th, departments must submit a proposal to the White House on it. Meanwhile, yesterday continued fall of the ruble against the backdrop of relatively stable oil was seen in the influential circles circles nervously. CB Head Elvira Nabiullina canceled a visit to Davos, in Davos, Kudrin forecasted temporary drop of oil to $ 16-18 per barrel to the further growth of the Russian economy, and the Federation Council called for fixed exchange rate of 40 rubles ./$ .

Details of the possible scenarios for the development of the Russian economy, read the material of the magazine “Kommersant-Dengi” “Barrel, Scissors, Paper».

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