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

Technical Recession in the Russian Economy is Predicted
5.08.2019 17:25
Technical Recession in the Russian Economy is Predicted

Experts of the Stolypin Institute of Economics of Growth predict the onset of a technical recession in the Russian economy in 2019. The Ministry of Economic Development earlier warned of a possible recession due to the growth of consumer lending, but only in the year 2021.

      In the first quarter of 2019, the growth of the Russian economy was estimated at 0.5%. The experts of the institute believe that the success of the largest enterprises and the public sector influenced the growth of the economy. At the same time, the economic activity of small and medium-sized businesses is decreasing: in the first half of 2019, the number of employees in the SME sector decreased by 1.5%, and the number of small and medium-sized enterprises - by 7-8%. At the same time, the number of people employed in micro-enterprises increased by 6.7%; According to researchers, this dynamic is associated with the transition of some small companies to the category of micro-enterprises.

      "Given the current economic policy (tight tax policy and tight monetary policy) and the weak effect of national projects, a technical recession in the economy can be fixed already in 2019, and not in 2021, as predicted by the Ministry of Economic Development," the authors of the study suppose.


Author: Anna Dorozhkina

Tags: Russian business Russian economy Russian companies   

Next Previous

You might also find interesting:

Lawyers Launch Entrepreneurship Assistance Association to Consult Businesses
Forbes Named 15 Best Banks for Russian Millionaires
Inflow to Funds Investing in Russia Tripled in a Week
AliExpress will Store and Send Orders from Russian Regional Sellers
Russian Measures to Support the Sectors Most Affected by Coronavirus

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Astronauts  Chulpan Khamatova  Russian patriarchy museum  Mercedes-Benz Fashion Week Russia  education  Battle for Moscow  Russian artists  Kamchatka  Anti-plagiarism  Moscow  Universal Credit Rating Group  Modern Art  Exhibitions in Moscow  St. Petersburg  Russian Arts and Crafts  Far Eastern Federal District  Moscow bookstores  Russian souvenirs  Street Art  Russian oil  Russian hockey  AvtoVAZ   Medals  Salekhard  Venice Biennale  Moscow airports  Siberia  Orthodox Church  Festivals in Moscow  the Ob River  sanctions  Communication Satellites  Nikolo-Ugreshsky monastery  G20 Summit  Olga Khokhlova  Events in Moscow  luxury lifestyle in Russia  Kaluga Region  Russian tourism  Russian opera  travel to Russia  Alexei Navalny  Transportation  Russian business  Garry Winogrand  Konstantin Khabensky  Russian regions  Forest Reserves  Hockey Worlds 2012  Russian Cinema 

Travel Blogs
Top Traveling Sites