Kudrin called the main condition for lifting the Russian economy from the “bottom” – RBC

Deputy Chairman of the Economic Council under the President of the Russian Federation Alexey Kudrin

Photo: Oleg Yakovlev / RBC

Without structural reforms, the Russian economy will be at the “bottom” and will not grow, said Alexei Kudrin. He said this at the next day after Vladimir Putin acknowledged bottom of the crisis passed in 2015.

According to the ex-Finance Minister, Deputy Chairman of the Economic Council under the President of the Russian Federation Alexei Kudrin, the Russian economy will not start to grow and will remain “at the bottom”, if the Russian authorities do not start strongly structural reforms

«it is possible to say that the” bottom “is passed -. likely, likely, we are somewhere close to this definition are. But, unfortunately, because the economic model old worked out, the new – have not yet been formed, even here passed the “bottom”, we will stay on this “bottom”, – Kudrin said in an interview with the television program “Vesti on Saturday” (quoted by TASS).

Kudrin also said that the economy is in need of decisive action by the authorities. “I think that our economy is now a definite determination is not enough. We have to delay important reforms. This will cause the pulling and the beginning of economic growth, “- he believes

A day earlier, President Vladimir Putin said that the bottom of the crisis in the Russian economy can be considered as passed in 2015.. According to him, anti-crisis measures of the government ensure the stability of the Russian economy, the country managed to keep one of the world’s lowest levels of external debt

«Low unemployment -. Less than 6%, moderate foreign debt – one of the lowest and the trade surplus – $ 160 billion in 2015. Actions by the Bank of Russia for the introduction of a flexible exchange rate of the ruble allowed the economy to adapt and maintain a high level of foreign reserves – May 1, it amounted to $ 391 500 000 000 As a result -. And it is recognized by experts – the bottom of the crisis in 2015 can be considered as passed, “- said Putin at the summit of ASEAN – Russia in Sochi.