UPDATE: Minister: Russian economy enters active growth phase

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MOSCOW, Apr 5 (PRIME) -- The Russian economy has already entered a phase of active growth, Economic Development Minister Maxim Oreshkin said at a forum on Wednesday.

“We are talking about the fact that the economy is not on a way to growth, it has already entered the new phase of the economic cycle and is growing more actively,” he said.

Oreshkin also said that the economic policy should be aimed at attracting investments.

“A higher level of economic growth, more stable growth can be reached only through active private investments. And it is necessary to search ways to bring investments to a new level,” he said.

Among other ways to support investments, it is necessary to create stable predictable conditions for business, support exports, ensure necessary financing and have highly-qualified personnel, he said.

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