Kudrin questioned the growth of incomes of Russians

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www.vsyako.netPhoto: Eugene biyatov / RIA Novosti

The head of the accounts chamber Alexey Kudrin considered too optimistic forecast of the Ministry of Finance on the growth of real incomes of Russians of one percent by the end of 2019. About it writes “Kommersant” with reference to the statement by Kudrin in the course of the discussion in the Federation Council of amendments to the budget for the current year.

He pointed to the fact that in the first quarter of 2019, the real incomes of Russians decreased by 2.3 percent. In this regard, in his opinion, the achievement for the year, even a modest one percent to be problematic.

Kudrin said that the forecast growth of the Russian economy to 1.3 percent in the risk zone. He recalled that in the first quarter of 2019, he rose 0.5 percent.

Wednesday, July 10, it became known that the head of the Bank of Russia Elvira Nabiullina wanted to ban Russians to dodohead, limiting access to capital markets and banning popular ways to increase capital. Also, the regulator wanted to restrict access to numerous financial instruments and assets. The regulator is lobbying for tough amendments to the law “On securities market” that radically change the categories of investors operating on the Russian market.

Earlier, the head of the Ministry Maxim Oreshkin said that he expects the accelerating growth of the Russian economy in the second half. The Ministry retains the forecast for GDP growth for the year at 1.3 percent, in 2020 the Ministry expects growth of two percent. In the future, Russia’s economy will accelerate to 3.3 percent by the end of 2024.

Meanwhile in June, the growth forecast for the Russian economy by the end of 2019 downgraded by several analyst teams. So, in the world Bank, it dropped from 1.4 percent to 1.2 percent amid declining oil production, the Central Bank with the 1.2-1.7 per cent to 1-1. 5 percent, and Fitch ratings — from 1.5 percent to 1.2 percent.

Video, photo All from Russia.

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