At least 137 people injured in Moscow storm — sourceWorld May 30, 0:05
Kamaz to supply at least 1,000 trucks to Philippines by 2020Business & Economy May 29, 21:49
Moscow ready to offer clarifications over incident with Montenegrin MPRussian Politics & Diplomacy May 29, 21:09
Moscow mayor says Monday's hurricane in Moscow 'unprecedented'Society & Culture May 29, 20:56
Moldovan president slams government’s decision to expel Russian diplomatsWorld May 29, 20:52
Macron lashes out at Russian news agency Sputnik, RT channel over campaign coverageWorld May 29, 20:11
Macron says no international problem can be solved without RussiaWorld May 29, 19:51
Putin: Russian and French fundamental interests come firstRussian Politics & Diplomacy May 29, 19:34
Hollywood director highlights his esteem for Russia’s presidentSociety & Culture May 29, 19:18
WASHINGTON, June 24. /TASS/. Without major policy changes Russia’s economy will grow slowly in the medium term, "even if world market prices for oil rebound sharply by the end of the decade," the RAND Corporation, an influential US think tank, said in its report published on Thursday.
"However, there is much that the Russian government could do internally to accelerate growth. A combination of an aggressive program to privatize state-owned assets, clamping down on corruption, and improving the business environment should accelerate growth in total factor productivity," said the report titled "Russia's Medium-Term Economic Prospects."
The authors of the report said the full implementation of the Minsk peace agreements on Ukraine "with a resulting elimination of many Western sanctions, could also boost GDP growth."
"More-welcoming immigration policies would also boost growth by offsetting the declining workforce" in Russia’s economy, the report said.