Alexei Ulyukayev: Russia”s GDP in 2010 may exceed 5%

Russia”s GDP in 2010 will be 5% or even more, “says the first deputy chairman of the Central Bank of Russia Alexei Ulyukayev. He predicts that in 2011 GDP growth will be lower than in 2010, and in 2012 - less than in 2011 “, he said, speaking at the conference” Russia and the world. ”

budget deficit of Russia in 2010, according to Ulyukayev, will1000make 5,5% of GDP in 2011 - 2%.

According to official forecasts in the budget of Russia in 2010 - 2012 years, the country”s budget deficit is expected to reach 6,8% of GDP in 2010, 4% of GDP in 2011 and 3% of GDP in 2012.

Inflation at the consumer price index in the current year will be no more than 7%. The trade balance of Russia for the year will be about 110 billion rubles, predicts Alexei Ulyukayev.

“Restoring the pre-crisis economic growth will still reproduce the problem. The main one - the problem of the huge growth of sovereign debt. It is unlikely that he will fall in the world, and the budget deficits of the countries remain,” - said Alexey Ulyukayev. All of these problems he associates with the aging population. For Russia, it is also a problem that is better addressed in the next three - seven years.

Currently, persistent global financial imbalances and high risks of global economic overheating. It is in general the risks for the world and in Russia there is a particular risk. This is a “mismatch” between fiscal policy and the country facing economic problems, ” - said the first deputy chairman of the Central Bank.

Talking about the “oil component,” Russia”s economy, Ulyukayev noted that the oil itself - not good and not curse. Natural annuities - a guarantee of economic stability in a well-functioning institutions of state power. If they work well, then oil the benefit, as in Norway, if the bad - it all turns out as in Nigeria, “- he said.
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