|
Russia to make it into Top 5 of world economies
03.02.2012 15:20 "Agro Perspectiva" (Kyiv) —
Russia will soon become one of the world’s top five economies, Prime Minister Vladimir Putin said at the Russia 2012 Forum.
Russia finished off 2011 with a good economic outcome, showing off a 4% GDP growth and a record low inflation rate (6.1%), compared to the past two decades.
Most independent experts have placed Russia into top five of economies with a high potential for direct foreign investments.
However, Russia is still ranked 120th in terms of real investments, Putin added.
In the next few years Russia must improve its economic conditions, creating a better business environment and taking the 20-th place in the ranking «Best investment climate».
Doing so will accelerate the access to power networks, facilitate tax accounting, ease cargo customs procedures and aid building of new objects getting the permit to do that will require 5 times less time and 3 times fewer paper formalities.
Also, Russia’s Prime Minister Vladimir Putin finds the risks of a global recession probable. He stated this at the Russia Forum 2012 on Thursday.
The Prime Minister sees two possible economic scenarios -a negative one when the current problems become worse and national and global leaders are incapable of drastic collective decisions.
This scenario will increase debts, boost protectionism, lead to trade wars, political destabilization and will hit the middle class in a number of developed countries.
The second, positive, scenario is the refusal to accept bubble economies and the emergence of people-oriented economy which creates jobs not regulations, Putin concluded. Source: RIAN, ITAR-TASS.
Also available:
|
| |
|
|