Maxim Crescente: Alexei Nikolsky / RIA Novosti
The Minister of economic development Maxim Oreshkin believes that the Russian economy in 2019 could reach more sustainable growth and to exceed the baseline forecast of 1.3 percent of GDP. The head of the MAYOR said on the sidelines of an Arctic forum, reports RIA Novosti.
“Risks in the economic growth rate shifted upwards towards higher potential growth. We must carefully watch, because January-February, here really, the numbers are better,” an optimistic head of Department. However. acknowledges that January and February are not the most active months of the year and build on them the prognosis is not worth it.
“We need to watch carefully, but while all looks so that the probability of a higher growth rate this year”, — said Oreshkin.
The opinion of the Minister differs from the world Bank, which, on the contrary, its growth forecast for the Russian economy only decreased from 1.5 percent of GDP to 1.4 percent by the end of 2019. Financial institution fears that the introduction against Russia of new sanctions, and the deterioration of the investment climate and the sharp drop in oil prices.
Video, photo All from Russia.