Minister: State share in Russian economy close to 50% in 2017
MOSCOW, Apr 5 (PRIME) -- Direct state interventions is one of the factors depressing competition in Russia as the share of the state in the economy approached 50% in 2017, Economic Development Minister Maxim Oreshkin said on Thursday at a meeting of the State Council.
УI would emphasize the issue of growing overall government share in the economy, including of large companies which are expanding the spheres of their activities. Last year experts say, the share of the government in the economy rose again and got close to a 50% notch,Ф Oreshkin said.
He said that President Vladimir Putin has set the goal of driving the share of small and medium business in the gross domestic product (GDP) to 40% but this is impossible without reduction of the state share.