The Minister made the forecast for Russia in two years
Maxim Oreshkin, the Minister of economic development of the Russian Federation, reported to the government Commission its forecast for economic development until 2020. Members of the Government expressed appreciation for the data which they announced the Minister.
The report noted the positive factors that influenced the economic growth of the Russian economy more than 2 percent for 8 months of this year. Maxim Oreshkin said that inflation this year fell to almost three percent. Oil was selling for a bit higher price than was budgeted and, accordingly, the ruble was stronger during this period.
The Minister of economic development in its forecast has increased the pace of economic development, relying on the fact that the Government actively supports investments in the Russian economy and pirozhenye projects of importance to the economy as a whole.
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