The Ministry expects growth of Russia's GDP in the first quarter of 2017 (compared to the same period last year and adjusted for leap year) at the level of 0.4 percent. Reports Rambler News Service, said the head of the Ministry Maxim Oreshkin during the Krasnoyarsk economic forum.
He recalled that, in General, for the current year, economic growth should reach two per cent compared with two per cent decrease last year.
A day earlier, Finance Minister Anton Siluanov warned that without structural reforms, the Russian economy will grow a maximum of 1.5 percent a year. Ensuring growth is not below the global average of 3-3. 5 percent a year, the Minister described as "ambitious" government. In the analytical review of Sberbank CIB Russian economy in 2017 predicted low growth, and in the first six months of stagnation.
Under the baseline scenario, economic development, economic growth in 2017 is expected to reach two percent and 1.5 percent in 2018-2020. The target option domestic GDP in 2018 will increase by 1.7 percent, in 2019 — 2.5%, in 2020-m — 3.1 percent.
Majority shareholder of the Bank "Ugra" Alex Hawtin presented to the Bank of Russia financial recovery plan of the Bank providing the refund to the Agency for Deposit insurance (DIA) 170 billion rubles within 10 years. Hawtin is ready in case of reorganization of a credit institution to provide financial assistance to 21 billion rubles.
Russia's international reserves for the week ended July 21 rose by $ 2.1 billion or 0.5 percent. Their volume reached 414,7 billion dollars. The Bank of Russia plans to increase to 500 billion dollars. The head of the regulator Elvira Nabiullina said that this will happen under favorable conditions.
Alfa-Bank and S7 Airlines announce the launch of the innovative blockchain-a platform for automation of trading operations. Technology has allowed multiples to speed up and simplify transactions between the airline and its largest agent in the sale of tickets. In the future S7 Airlines does not exclude connect the project to new partners.
The house of representatives of the U.S. Congress voted to allocate $ 1.6 billion from the budget for the construction of a wall along the border with Mexico. The law "On allocations to the Ministry of defense" was supported by 230 members of the house of representatives. He spoke against 196 members of Congress.
Washington gave the agrément for the appointment of Deputy Minister of foreign Affairs of Russia Anatoly Antonov, Russian Ambassador to the United States. On Friday, July 28, the newspaper "Izvestia". According to "Izvestia", Washington agreed to issue the approval after the meeting, Deputy foreign Minister Sergei Ryabkov and us assistant Secretary of state Thomas Shannon.
The U.S. Senate adopted the law on sanctions against Russia, Iran and North Korea. On Friday, July 28, reports TASS. As noted, the voting is still going on, but this bill has already won enough votes for approval. For the document in favor of the majority of the hundred senators.