Saturday, September 24, 2016

Dvorkovich made the growth of the economy in the coming months – RBC

Russian Deputy Prime Minister Arkady Dvorkovich

Photo: Oleg Yakovlev/RBC

Russian Deputy Prime Minister Arkady Dvorkovich expects economic growth in the coming months. Some signs are already visible in some sectors,

the growth of the Russian economy can begin in the coming months due to the easing monetary policy of the Central Bank, inflation and capacity increase of exports. This was stated by Deputy Prime Minister Arkady Dvorkovich on the TV channel “Russia 24″.

“the Reduction of inflation, gradual reduction of the key rate and the interest rates generally count on an improvement of the situation at the beginning of the period of economic growth in the coming months,” he said (quoted by TASS).

Dvorkovich expressed the view that signs of sustainable growth of the Russian economy noticeable in certain sectors, which means the growth of the domestic export opportunities.

“Some sectors are increasing quite steadily. We gradually build a system of export support. Non-oil exports has already started to grow. Equip will also support small and medium business”, — said Deputy Prime Minister.

23 September, President Vladimir Putin said that by the end of 2016 inflation will be 5.7%. The head of state noted that Russia has, “on the one hand, sufficient reserves, and on the other a positive trade balance.”

“This is a very important indicator of the state of the economy”, — said Putin.

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