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

Govt Admits 2013 Worst Year For Economy in Modern History
2.10.2013 16:41
Govt Admits 2013 Worst Year For Economy in Modern History
Photo Credit: http://eng.kremlin.ru

2013 has seen the worst economic growth since the collapse of the USSR, said Russia's Economic Development Minister.

      Speaking at the Russia Calling economic forum in Sochi, Alexey Ulyukayev said he expected a 1.8 percent growth in 2013.

      'There's no economic development but the minister in charge of it is standing in front of you', he joked.

      The only driver for growth is consumer spending which has been driven by a recent hike in the salaries of public officials. 




Author: Mikhail Vesely

Tags: Alexey Ulyukayev Russian economy    

Next Previous


You might also find interesting:

SME in Moscow Received over 27.7 Billion Rubles of Loans with State Guarantee Support in 2018
20.01.2019
Sberbank and McDonalds will Cooperate in Innovational Development
26.06.2019
Russian Crowdfunding Market Grew by 34% during 2018
25.03.2019
The PwC Russia Accelerator is Looking for Technical Startups
18.09.2019
Business Activity in the Areas of Production and Services Fell Below a Critical Level
11.07.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Chelyabinsk  Mercedes-Benz Fashion Week Russia  travel to Russia  Maroseika  Kostroma  Ivan Yefremov  Festivals in Moscow  Russian sport  visa regime  Russian ballet dancers  aircraft  Russian Astronauts  Amursk  St. Petersburg  Russian hockey  Russian television  Architecture Monuments  Radisson SAS Slavyanskaya  NHL  Exhibitions in Moscow  Moscow  Active Travel  Vases  Exhibitions in St. Petersburg  Bards  Aseev Manor  Russian business  book hotels in Russia  Russian tourist destinations  The Year of Russian Culture  Fanagoria  Russian businessmen  Russian National Parks  Sochi Fifa Russia  Russian festivals  Russian regions  Orbit  Music Festivals  Fast Food  SSJ 100 crush  contests  Russian tourism  Fish Broth  gold reserves  natural gas  Russian Cinema  satellite  Order of the Rising Sun  Gourmet Tours  Perm Territory 


Travel Blogs
Top Traveling Sites