MAYOR called the condition of the annual economic growth of more than 4% in 2018 – Information portal of the Banki.ru

According to the forecast Minister Alexei Ulyukayev, requires that at least three conditions

Photo: TASS

In the Ministry of Economic Development on behalf of President Vladimir Putin prepared “target scenario”, which will allow the Russian economy to grow more than 4% per year by 2018, and investments – 9-10% per year. According to the forecast Minister Alexei Ulyukayev, it is necessary that at least three conditions: the growth of investment limits NWF up to 80% of the fund, limiting the growth rates of state monopolies expected inflation and an increase in the retirement age, writes “Kommersant”.

To launch the positive scenario in which the average annual growth rate of investment in the years 2016-2020 will amount to 8.4%, MED offers right now to increase the limit of investment from the National Welfare Fund from 60% to 80% and determine the quality mechanism of investment funded part of the pension money of private pension funds and life insurance. To avoid increasing the deficit of the Pension Fund, in particular, to raise the retirement age, to limit the size of payments to working pensioners with high earnings and raise the requirements for length of service social workers.

Obvious innovations, in addition to the regular administrative reform, which is designed to free up 240 billion rubles annually and contribute to the improvement of the business environment, the document does not contain. However, the Ministry of Economic Development insists on restarting the ideas of struggle with the cost of state monopolies (proposed to limit the growth rate of tariffs for the infrastructure sector and households expected inflation next year – 4% in 2018; it is 1.5-2 times lower than in the baseline forecast) development of competition and antitrust, public-private partnerships, concessions. However, it is proposed to “radically” (5% annually in 2015-2017, reformed social and cultural sectors, without affecting defense and security) to reduce costs and optimize the budget of the state program.

While the “target scenario” has no official status in the package of documents the government forecast. In this April 25 at the annual board MAYOR Alexei Ulyukayev said that he intends to bring to the government’s proposal to increase the level of investlimita NWF and investing pension money. At the same time the White House after a discussion of the baseline scenario Medium Term Economic Development recommended to lower the target price for oil from 70 to 65 dollars per barrel for 2017 and from 80 to 70 dollars – for the 2018 th, which corresponds to 1.5% of GDP growth in the medium term.