Date: a week ago   Category: Society

The Ministry of Economic Development justified itself for "the fictitious growth" of economy of Russia


The Ministry of Economic Development in the review "An economy picture" commented on economic results of 2018, in particular, the stated record GDP growth for 2.3 percent. So, in department consider that acceleration of economy "is in many respects caused by single factors and is not steady". In 2019 the Ministry of Economic Development expects slowdown in economic growth up to 1.3 percent. Key drivers of GDP growth last year department calls industrial production, construction and trade. Also it is noted that within a year there was a redistribution of sources of economic growth from domestic demand to external. In particular, import growth slowed down, and export, on the contrary, accelerated. At the beginning of February Rosstat reported that GDP of Russia grew in 2018 by 2.3 percent. It is the highest indicator since 2012. Then growth of economy was 3.7 percent and since then decreased. In 2015 GDP was reduced by 2.5 percent. The current growth surpassed the forecast of the Ministry of Economic Development according to which improvement of former indicators for 2 percent was expected. Economists criticized calculations of department and said that data with a high probability are forged and are not true. After that in Rosstat reported that calculation results will be specified still. According to department, for those indicators about which there are no data yet ratios of 2017 were taken. "The film of day" is more than important news in Telegram channel. Subscribe!

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