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:

The Far Eastern High Technology Fund, Created in 2018, has Decided on its First Investments
The Pension Fund of Russia (PFR) will Use Blockchain Technology
Yandex.Market Starts Cooperation with Turkish Marketplace
Online Trade in Russia is Growing
Central Bank will Receive the Right to Unimpeded Access to the Premises of Companies and their Documents

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Russian sportswomen  Russian Cinema  drug addiction  Kaliningrad Region  Russian religion  Moscow Architecture  Russian tourists  Rock Music  Arkhangelsk  Russian roads  travel to Russia  Mercedes-Benz Fashion Week Russia  Unified Space System  Most Beautiful Moscow Buildings  IT  St. Petersburg  International space station  Altai Krai   economic crisis  Architecture of Kazan  Russian Nature  "Garage" Museum of Contemporary Art  Russian circus  Sharapova  Conceptualism  aircraft  famous Russian people  Konstantin Lopushansky  migration in Russia  Exhibitions in Moscow  Russian regions  Moscow Music Critics Association  Solar Batteries  Adidas  Vologda  Romanovs  Viktor Vekselberg  Russian business  Russian tourism  St. Patrick's Day and Night  duty free shop   Folk Graphic Art Museum  Satellites  Europeans 2012  Festivals in Moscow  Moscow Museums  Transaero  Moscow  Moscow restaurants  E-tickets 

Travel Blogs
Top Traveling Sites