Dvorkovich: the decline in the economy is not predetermined – News Economy

Print The Russian economy in 2016 decline may occur with high probability, but such a scenario is not predetermined: a lot will depend on the actions of the authorities, said Deputy Prime Minister Arkady Dvorkovich at the Krasnoyarsk Economic Forum

“Almost all forecast a downturn in our economy. I do not want anything to do with this prognosis, I did not want to sell. it is interesting and totally meaningless. Moreover, I believe that there is no predestination, that we will this year’s downturn in the economy “, – said Dvorkovich

.” Yes, the recession, of course, most likely, for various reasons, but there is no predetermination there is almost entirely dependent on our actions. “- he added . it

“Of course, the external circumstances may be too strong, but still most of the external scenario we can stabilize our economic situation”, – said Deputy Prime Minister

Prices. oil

According to Dvorkovich, in the case of freezing oil-producing countries further significant fall in oil prices should not be.

“Predictions are difficult to make. But any serious fall in this case be, should “not – he said

February 16 Russia, Saudi Arabia, Qatar and Venezuela have agreed to freeze production of oil at the January level, provided that other manufacturers will join. this initiative.

Brent rose 18 February by almost 1.5% to $ 35 a barrel on expectations that producing countries will be able to come to a common agreement to freeze the production of raw materials.

Tax regime in the oil industry

The Russian government was forced to change the tax regime for the oil companies for the sake of ensuring financial independence, Dvorkovich said. He also noted the importance of establishing an atmosphere of trust “between the various institutions of society, the state, public institutions and business.” “It’s clear rules of the game to implement the project “, – he said.

Speaking of oil projects, Dvorkovich said that the predictability of conditions of work in this area is actually damaged the new tax regime introduced in spite of the data earlier promises.

” we have a low ratio of oil use. Oil companies do not realize that the government will do even tomorrow. We said that we will not have to change the tax regime, but were forced to – perhaps for obvious reasons – to change the tax, and completely changed the financial model for the development of fields in the near future. Completely changed the mode of operation of our core companies, seeing that there is a priority to financial stability “, – said Deputy Prime Minister

.” Our independence in decision-making and financial independence are determined: the absence of too much debt and the deficit. For all the dislike of the Ministry of Finance, which is experienced by most members of the government, we have to remember this. We must maintain their financial independence. But every day it is necessary to seek a balance “, – stressed he

Strategy 2030

In addition, Dvorkovich said that the government intended to form the country’s development strategy in the coming months up to 2030

. “We are not only in order to talk, but to formulate solutions or approaches to solving the problems facing us. (…) It is necessary in the coming months to form a policy paper, “- he said at a plenary session of Krasnoyarsk Economic Forum

.” Together we must create a strategy that will allow us to remain among the leaders of world development “, – Deputy Prime Minister, adding that the country has to do is everything you need: the people, natural resources, land, neighbors

“The world as a result of changes in technology will change greatly.. It entails major changes, strict requirements to ensure that the state does. In particular, in science, education, (…) on the whole it involves a change in the rules of the game, the rules of interaction between different institutions “, – said Dvorkovich

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