Putin: Moscow ready to resume gas supplies to Ukraine on prepaid basisBusiness & Economy October 27, 19:47
Putin is sure Russia and Ukraine will find way to end crisisRussian Politics & Diplomacy October 27, 19:32
Refugee crisis demonstrates EU incapacities — Austria’s ex-presidentWorld October 27, 19:08
Putin: Russia is not going to attack anyoneRussian Politics & Diplomacy October 27, 18:20
Putin urges new Marshall Plan for Middle East to see recovery and growthRussian Politics & Diplomacy October 27, 17:30
Zakharova slams Latvia’s crusade against historical memory as harmful to kids’ educationRussian Politics & Diplomacy October 27, 17:22
Russian diplomat rejects Kiev reports on armed police mission in DonbassRussian Politics & Diplomacy October 27, 17:07
Lavrov: Russian leaders need no one’s permission to visit CrimeaRussian Politics & Diplomacy October 27, 17:03
Vladimir Putin at Valdai Club session in Sochi: live streamRussian Politics & Diplomacy October 27, 16:36
MOSCOW, February 20. /TASS/. Oil prices are highly unlikely to demonstrate considerable growth in the next two or three years, so it would be wrong to pin too big hopes of this factor while speaking about Russia’s economic development, a top ranking finance ministry official said on Saturday.
"We should understand that the external background is unlikely to be of any help," Deputy Finance Minister Maxim Oreshkin said in an interview with the Rossiya-24 television channel. "Oil price growth will not be very big, if any. That is why we should not rely on this factor too much."
"From the point of view of promoting our exports, we should understand that the global economy will not demonstrate rapid growth. Hence, in order to augment export we must win competition, we will have to plunge into the toughest rivalry with other countries and win. So, we must rely only on ourselves," he stressed.