The new macroeconomic forecast, which the Ministry of Economic Development of the Russian Federation is preparing now, will be extremely painful, Igor Shuvalov, First Deputy Prime Minister of Russia told the State Duma on January 30.
“We will be relying on the new social and economic forecast that will be very harsh. We have no rosy prospects or illusions. We are reluctant to work under external pressure and amid depressed oil prices,” Shuvalov said.
Furthermore, he said, the oil price in the previous forecast will be halved by the ministry to fit into the current realities.
The deputy prime minister stressed necessity of consolidation of all the power branches and the citizens of Russia.
Trump called Biden's restrictions, which he would cancel on the very first day
An English teacher set fire to a police station in the Vladimir region
"A creature that destroys its people" — the mother of a 20-year-old Ukrainian cursed Zelensky
Trump urged Zelensky to abandon the territories of Russia — El Pais
Kazakh, Georgian and Ukrainian staged a shootout — "anecdote" from Krakow
Older people in ATMs are being set on fire in the capital region and pyrotechnics are being blown up