GDP may grow by 1-2% in 2016
03.04.2015 2741

GDP may grow by 1-2% in 2016

Russia's GDP may grow by 2016-1% in 2, at an oil price of around $ 60 per barrel, if an anti-crisis package of measures is implemented by the Russian government, said VEB deputy head Andrei Klepach, who was previously responsible for macroeconomic forecasting at the Ministry of Economic Development (MED).

According to him, Russia can overcome the crisis by reducing costs, easing budget policies, and actively using funds from the National Wealth Fund (NWF) for innovative and high-tech projects.

Recall that based on the updated forecast of the Ministry of Economic Development for 2015, the decline in GDP at an average annual oil price of $ 50 per barrel will amount to 3%. The Ministry of Economic Development in the basic version of the macroeconomic forecast expects GDP growth of the Russian Federation in 2016 by 2,3%, in 2017 and 2018 - by 2,5% each.

Russia's GDP may grow in 2016 by 1-2%, with the oil price around $ 60 per barrel, if the anti-crisis package of measures of the Russian government is implemented, said Andrey Klepach, deputy head of VEB, ...
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