Kudrin: RussiaТs 2019 economic growth may not to reach 1% - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Kudrin: RussiaТs 2019 economic growth may not to reach 1%

MOSCOW, Nov 8 (PRIME) Ц The Russian economic growth can be below 1% in 2019 due to the current and potential sanctions, Head of the Audit Chamber Alexei Kudrin said in a speech to the State Duma, parliamentТs lower chamber, on Thursday.

УTaking into account these remaining uncertainties, including the uncertainties with the international situation, possible further sanctions, the importance of which has increased since August of this year, we can see an about 1% or below 1% economic growth next year, which is even lower than the government and the central bank say, as a result of combination of these factors,Ф Kudrin said.

He also sees the risk falling household real disposable incomes in 2018. УI agree that the reflection of the exchange rate on prices, and growth of value-added tax (VAT), and the excises on gasoline influence the central bankТs (economic growth) estimate, and at the same time, it will influence the incentive for investment to hold them and peopleТs real income down.Ф


08.11.2018 16:26
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 71.7150 -0.0303 25 apr
USD 63.9798 +0.1892 25 apr
Stock Market Indices
1D 1W 1M 1Y
rtsi 1263.97 -1.08 18:50 24 apr
micex 2579.05 -0.33 18:50 24 apr
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 160.57 -1.14 18:49 24 apr
lkoh 5760.00 -0.35 18:49 24 apr
rosn 441.30 +0.07 18:49 24 apr
sber 236.00 +0.14 18:48 24 apr
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 71.0990 +0.3317 15:02 24 apr
USDTD 62.7400 -0.9300 18:20 24 apr