All news

Russian economy minister sees risks slowing growth of Russia's GDP to 1%

ST. PETERSBURG, May 24. /TASS/. Russian Minister of Economic Development Maxim Oreshkin sees the risk of slowing GDP growth in Russia to 1% if the government does not solve the problems of demography and balance of payments, he said at the St. Petersburg International Economic Forum.

"If we do nothing, then there is a risk that growth will drop to 1%," he said.