The worst economy year for Russia is comming
Next year will be the worst for the world economy since the Second World War, and Russia - worst for the past nine years. This dark prediction was made on Saturday by the Finance Minister of the Russian Federation Alexei Kudrin, quoted by "Nezavisimaya gazeta". According to the minister for the first time in recent years the Russian budget will end with a deficit that could top 2.5 trillion rubles (U.S. dollar today reached 29 rubles to $ 1). This deficit can be covered using spare background.
According to experts, Kudrin has not fallen into unfounded pessimism. The economic downturn in 2009 may exceed the depth of the fall of the Russian economy in 1992 after the disintegration of the Soviet Union, when GDP of the Russian Federation has decreased by more than 14 percent. Kudrin said on television channel Vesti 24: in 2009 and finance throughout the country will have to solve problems of unprecedented complexity. Inflation remained high level of over 13 percent. "Pass through a crisis period," notes Kudrin. Towards the middle of next year inflation expected to be manageable, but only if the price of oil becomes $ 50 barrel. If inflation is $ 30, then inflation could reach 15 percent, a rate of the ruble will slightly change.
Labels: Financial News, Politic News
posted by Zoritza Petrova @ 7:00 AM
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