Sunday, January 8, 2017

The new head of the MAYOR said that inhibits the growth of the Russian economy – Росбалт.RU

Russia’s economic Growth slows down, the poverty of the population. At the present stage for the country fighting poverty is more important than solving issues of inequality, considers the Minister of economic development (med) Maxim Oreshkin.

“Poverty is a serious limitation. It is not only a social problem but also a serious threat to economic growth, given that a significant proportion of low-income today we is families with children”, — said the Minister.

According to him, inhibit the growth of the Russian economy as problems related to investment activity, innovation, international cooperation and exports, as well as a high level of transaction costs in the economy.

of special note is the problem of the high share of shadow economy in the country, said Oreshkin. In his opinion, this part of the General economy creates a lot of distortion in economic growth.

At the same time, the Russian economy is “gradually moving in the direction of whitewashing”, this process should be stimulated, because it directly leads to acceleration of growth of the economy.

“Key risk to economic uncertainty. But there is, no doubt, and others. Hard work is needed to reduce different kinds of business costs, the tariffs of natural monopolies and so forth,” — said the Minister and added that economic uncertainty is the reason why some companies postpone investment, and not increase production.

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