Siluanov: Brexit impact on the Russian economy will be limited – RIA Novosti

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11:58 24.06.2016

(updated: 12:09 24.06.2016 )

1625 0 17

MOSCOW, June 24 -. RIA Novosti Effect output UK from the EU (Brexit) on the Russian economy will be limited, although it may result in a further drop in oil prices, the weakening of the ruble and the increased volatility in the financial markets, so the authorities should be prepared for a negative scenario for the world economy and a conservative approach to planning, told the Finance Minister Anton Siluanov.

“The vote in the UK has shown that hopes for a cloudless recovery and the markets, and the world economy had been overly optimistic. The two key consequences: a sharp increase in market volatility and uncertainty about the future development of the global economy, “- said the Minister

United Kingdom on Thursday voted in favor of withdrawal from the EU, the final result – 51.9% of the world market for Brexit.. reacted negatively to the decision

“a positive vote shows that the world is not going well on the way globalization and the development of world trade -. the key drivers of economic growth in recent decades. A “Black Swan” (unexpected negative event – Ed.) In the current fragile situation can pull behind itself and others. The task of Russian economic policy – be prepared for a negative scenario for the world economy, which means the need for conservative prerequisites for planning “, – he added

.” For Russia, this means oil fall, weakening of the ruble, the increased volatility of the financial markets in the first place “-. he added, however, according to him, this volatility is much less than that through which had to pass the Russian economy.” The impact of this event will be limited, “- said Siluanov

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