Saturday, April 23, 2016

Expert: Moody`s objectively assess the situation in the Russian economy – RIA Novosti

MOSCOW, April 23 -. RIA Novosti The international rating agency Moody`s objectively assess the situation in the Russian economy and took a break for making further decisions, advisor to the Institute of Contemporary Development Nikita Maslennikov

.

Moody`s Friday night confirmed Russia’s sovereign rating to the level of Ba1 with a negative outlook.

“The situation in the Russian economy is such that estimates of its possible dynamics in the near future should take the first break, and secondly very close look at what is going on there own decisions dictated by exactly this “, -. said Maslennikov RIA Novosti

According to him, the Russian economy closer to a position of unstable equilibrium. a number of macroeconomic indicators began to show slight improvement or recovery.

“Moody`s difficult to accuse a certain bias, the agency concludes that at least the situation in the Russian economy has not worsened, but the relatively high risks persist, very high level of uncertainty in the economic policy, especially in the budget, which of course inhibits action to stimulate the economy by the monetary authorities, that is the Central Bank “, – says economist

.” Still on set of circumstances in the bottom line is better to take a break and take a closer look, what will happen next A. quantification of this pause – this is at least not worsen the assessment of the sovereign issuer and does not change the vector of prediction. “- Maslennikov said

it is hoped that through the quarter, when the time comes to rating review, the agency will be back with more high estimate.

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