IAAF approves application of three Russians to compete as neutral athletesSport February 24, 1:43
US lawmakers present no evidence of Russia’s interference in US election - Russian MPRussian Politics & Diplomacy February 23, 21:42
Russia to continue strengthen its Armed Forces - PutinRussian Politics & Diplomacy February 23, 21:37
4,000 Russian nationals fight among militants in Syria - PutinRussian Politics & Diplomacy February 23, 21:31
Opposition’s demand of Assad’s immediate resignation absurd - Russian envoy to GenevaRussian Politics & Diplomacy February 23, 16:34
Moscow celebrates Defender of the Fatherland DaySociety & Culture February 23, 16:19
ISS astronauts capture Dragon with manipulatorScience & Space February 23, 14:36
Vitaly Churkin’s body delivered to RussiaRussian Politics & Diplomacy February 23, 12:30
Ukrainian military shell Donetsk water purification plantWorld February 23, 11:45
MOSCOW, October 21 (Itar-Tass) — It is unreasonable to expect stable growth of the world economy at the level of 3-4 percent a year, Russia’s presidential aide Arkady Dvorkovich said on Friday.
“I am afraid it is unreasonable to expect it, unfortunately, there is a forecast of a slow growth period for the world economy, perhaps at 1-2 percent a year for next 5-7 years,” he said.
For Russia this would mean low growth of demand for our goods, as “they are mostly energy and raw materials.”
“If nothing is dome, we shall face low pace of the economy’s development,” Dvorkovich said. “Naturally, it would affect all criteria: the budget policy, the criteria of the social development and everything connected with the financial sector.”
In this situation, he continued, it is necessary to realise, what additional options Russia has. They are connected with expanding of business initiatives at the level of small and medium businesses, with growth of state demand for major companies and with more active participation of the state in development of infrastructures.
“However, the most important thing is whether we may expect change of attitude from all authorities to the objectives set; I cannot seen anything more important as yet than improvement of motivation,” Dvorkovich concluded.