Investigators release Gogol-Center artistic director after questioningSociety & Culture May 24, 2:32
London may be among contenders for 2018 FIDE chess world championship — FIDESport May 24, 2:29
Putin begins talks with visiting Philippine leaderRussian Politics & Diplomacy May 24, 0:15
Mechanism of alerting on cyberattacks practically never used by US — spokespersonWorld May 23, 22:19
Putin praises work of Independent Public Anti-Doping CommissionSport May 23, 20:38
Russia needs expanding representation in global sports federations — ministerSport May 23, 20:21
Russian athletes must be trained for Olympics under certain geographic conditions — PutinSport May 23, 19:38
Final charges brought against Russian ex-economy minister UlyukayevBusiness & Economy May 23, 18:59
WADA delegation to visit Moscow this week to help with membership reinstatementSport May 23, 18:48
MOSCOW, October 1. /TASS/. Prime Minister Dmitry Medvedev expects Russia’s economy to grow slightly at the beginning of next year.
"Already at the beginning of next year we’ll see a slight economic growth, as in - GDP growth," he said in an interview with Channel 1.
"We believe that at the end of the year the negative trends that have formed over the last 2 - 3 years, will have exhausted themselves, thanks to the measures that the government has taken and because of the general economic situation," Medvedev said. "At the beginning of next year we will reach relatively small parameters of economic growth," he added.
Prime Minister added that he did not rule out that inflation will reach record lows in the country’s modern history by the end of this year. "Probably, by the end of this year inflation will reach its record lows in modern history, which allows us to expect further economic development," he said.
Medvedev noted that other Russia’s macro-economic conditions "are not bad." Among them Prime Minister listed low level of state debt, significant volumes of foreign exchange reserves and declining inflation.