Shuvalov said the end of the crisis – Arsenyevskiye lead

17.05.2015

novayagazeta.ru

First Deputy Prime Minister of Russia Igor Shuvalov said the end of the crisis in the Russian economy. He made this statement on reports about the Federal State Statistics Service, Russia’s GDP decline by 1.9% in the first quarter of 2015 instead of the expected 2,2%.

«The worst scenario is not realized – quoted Shuvalov,” Interfax “. – We can not say that everything’s great economy in a precarious state, but such a crisis state & lt; … & gt; Now there ».

The Vice Premier also said that according to the forecast pravitelstva, Russia’s economic growth will begin in the fourth quarter of 2015.

« We estimate that we will have a trajectory – quoted Shuvalov RBC. – The first, the second quarter – the recession, further alignment, stabilization and improvement by the end of the year ».

 
 

On Thursday, May 14 The Finance Ministry sent a letter to government ministries, which warned of a possible reduction in government spending in 2016.

At the end of April, Finance Minister Anton Siluanov said that already in 2015 his department can use more than half of the country’s Reserve Fund – 3 trillion rubles.

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