Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


Borrowing Capacity In Russia Is Under Risk
May 19, 2017 17:28


(Source: https://www.ou.org/life/torah/mm_borrowing)

 The risks for Russia’s borrowing capacity are increasing due to the aging population and the growing burden on the pension system. This was stated by the Senior Director of the “Sovereign Ratings” direction of “Standard & Poor’s” Frank Gill on Tuesday, May 23.

“We see that Brazil, Russia, Argentina and Ukraine are those countries that are particularly sensitive to this parameter with regard to the demographic situation” - he said. These states already have a significant and constantly growing percentage of the aged population, as Gill explained. This factor is also important for the countries with developed economies, such as Spain and Germany, as the representative of S & P noted.

Ukraine has already begun to work on reducing the burden on the budget. “In our analysis of Ukraine we also took into account the latest proposals on the reformation of the pension system that are now being considered by the government, including raising the retirement age. Ukraine is working hard to reduce the coefficient of dependency” - Gill explained. On May 5 the Head of the Council of the Centre for Strategic Research (CSR), former Finance Minister Aleksei Kudrin, proposed to reduce the number of pensioners by nine percent, or 3.87 million people.


Sources: http://lenta.ru 

Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

Electronic Era is Coming Far East clenched its fist Timchenko's Timely Exit Cushions US Sanctions Punch Estonia fears Russia Running Club In Gorky Park





comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Ukraine crisis  Omsk  Krasnodar  Rossby waves  Khazar fortress  Moscow  Painting  Russian history  Cold  Vladimir Vysotsky  Mercedes-Benz Fashion Week Russia  Andrey Zvyagintsev  Moscow events  litvinov  Tiles  Altai  human rights in Russia  Russian Orthodox Church  Russian Literature  Russian businessmen  Russian Rock Music  New Order  Partition of Russia  Genghis Khan  Russian opera singers  Sokolniki  corruption  Ivan the Terrible  Russian Cinema  Napoleon  Film Festivals in Russia  Murmansk Monuments  Golden Dolphin  Chelyabinsk meteorite  Alexander Ovechkin  Sergey Magnitsky Law  Exhibitions in Moscow  Archeology  Russian Internet  Russian business  Russian singers  Miass  Space Exploration Day  Russian tourism  product ban  Russian cinema actors  Russian church  Packing  Central Bank  Oktyabrsky (Bashkortostan) 


Travel Blogs
Top Traveling Sites