Dvorkovich: From the actions of the authorities will determine whether the decline in the economy will be in 2016 – Rosbalt.RU

February 19, 2016, 07:59 | Dvorkovich | recession | Economy

 Russia in 2016 is very likely to expect the economic downturn. This was stated by Deputy Prime Minister Arkady Dvorkovich at the Krasnoyarsk Economic Forum.

 

«Yes, the recession, of course, most likely, for various reasons, but there is no predetermination not. It is almost entirely dependent on our actions “, – said Deputy Prime Minister, quoted by the” Interfax »

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 “Almost all forecast a downturn in our economy. I do not want anything to do with this forecast, I do not want to sell – he stressed. – Of course, the external circumstances may be too strong, but, nevertheless, in the majority of the external scenario we can stabilize our economic situation »

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 Earlier, the head of the Ministry of Economic Development Alexei Ulyukayev said that the Russian economy has emerged from recession.

 

 “By definition, a recession – this is when there is two consecutive quarters of decline. In this sense, the recession was over, it does not exist “, – he explained

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 Ulyukayev also said that in December, with the purified seasonality decline in GDP was 0.1% in relation to November. “There is a smoothing of the recession, I think that it will be completed in the near future”, – said the Minister

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 Prior to that, Ulyukayev said that the Russian economy has passed the “bottom” at the end of the second quarter of 2015, and this year we can expect the correction of the economic situation for the better. He predicted in January that that scenario, the average annual oil price of $ 40 per barrel, Russia’s GDP will decline less than 1% in 2016.