Putin calls for setting apart real anti-corruption crusaders from political show-offsRussian Politics & Diplomacy April 24, 16:34
Moscow court turns down Jehovah’s Witnesses bid to fight Justice Ministry’s banWorld April 24, 16:08
Swiss-based CAS upholds four-year ban on Russian marathon runner MayorovaSport April 24, 15:57
Teenager brings grenade to school in Dagestan, one killed, 11 woundedWorld April 24, 15:54
Foreign policy chief says EU ready to return to strategic partnership with RussiaWorld April 24, 15:45
Russian diplomat warns about possible false flag near DamascusRussian Politics & Diplomacy April 24, 15:29
Putin's spokesman says Kremlin never had any aversion to MacronRussian Politics & Diplomacy April 24, 15:12
Kremlin stresses efforts must be made to root out corruptionRussian Politics & Diplomacy April 24, 14:44
Moscow expects OPCW to send experts to Syria’s Khan SheikhounRussian Politics & Diplomacy April 24, 14:21
MOSCOW, July 07. /ITAR-TASS/. Russian Ministry of Economic Development has recorded positive dynamics in the two key economic indicators — industrial production and balance of trade.
At the meeting with Russian President Vladimir Putin on Monday, Economic Development Minister Alexei Ulyukaev said industrial production increased 1.8% over the first six months of 2014, noting even better performance in the quarters (1.1 and 2.5% in the first and second quarters respectively). Export oriented sectors such as metals, fertilizers, chemicals and petrochemical products fared better than before.
This, the minister said, resulted from tariff regulation aimed at cost reduction. Ulyukaev did not rule out upward revision of some indicators such as oil prices and ruble exchange rate, and even more importantly - industrial production and gross domestic product. The minister predicted 2014 balance of trade at considerably more than $170 billion.
Ukyukaev also noted the slightly improved situation in the stock market since the second half of April.
When asked about foreign investments, he said that Russia attracted the third largest amount last year after the US and China ($80 billion) and predicted dozens of billions of dollars would flow to Russia this year.