Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Rising unemployment to affect most sectors in Russia — former finance minister

January 23, 2015, 20:34 UTC+3 DAVOS
“It will affect the majority of sectors, mainly the ones oriented on the local consumer," former finance minister Alexey Kudrin said
1 pages in this article
Alexey Kudrin

Alexey Kudrin

© Vyacheslav Prokofyev/TASS

DAVOS, January 23. /TASS/. Unemployment in Russia will affect the majority of sectors in 2015 and will mostly hit the construction industry, the former Russian finance minister and the head of the Civic Initiatives Committee think tank Alexey Kudrin told TASS on the sidelines of the World Economic Forum in Davos, Switzerland on Friday.

“It will affect the majority of sectors, mainly the ones oriented on the local consumer. Exporters will be hit to a lesser extent. In the construction sector, hundreds of thousands of employees have been dismissed. State companies facing output reduction will also cut jobs,” Kudrin said.

First Deputy Prime Minister Igor Shuvalov said in Davos on Friday that the Russian economy should expect unemployment rate to rise in 2015. He added that the government has an anti-unemployment plan to support Russians in overcoming the crisis.

Show more
In other media
Реклама
Реклама