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Red-hot news from the RF Ministry of Finance

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Red-hot news from the RF Ministry of Finance

The RF economy has fully acclimatised to Western sanctions and has started to grow.

The Deputy Minister of Finance of the RF, Maxim Oreshkin, told journalists about this in Moscow. According to him, by October 1st the external debt of enterprises with all forms of ownership will have decreased to $500 bln. September’s inflation will be 0.6%, and for the year as a whole it won’t exceed 12%. First quarter GDP growth is expected in the first quarter of 2016.
To remind you, not so long ago, the Senior Director of the international rating agency Fitch, Charles Seville, told the Bloomberg agency that GDP growth in Russia in 2016 would be about 0.5%.

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