Photo: “RIA Novosti»
Low oil prices have not only negative, but positive impact on the Russian economy, helping to restore the health of it. This thought was expressed by Russian President Vladimir Putin in an interview with the German edition of Bild, the text of which is published on the website of the Russian president.
Asked about the impact of Western sanctions on the Russian economy, Putin said that “it is not the hardest thing that we are experiencing. ” “As most of the harm that is applied to the current situation, of course, first of all, damage our economy – it is the harm of lower prices for the traditional products of our exports,” – he said.
The President stressed that the price reduction oil, “oddly enough, there are also positive things.” “When oil prices are high, it is very difficult to resist the use of oil revenues for current expenditure. And we have the non-oil deficit increased, in my opinion, to a very dangerous level. Now we are forced to drop it. And it’s healthier, “- said the president.
Putin said that the total budget deficit Russian small. “And if you clean the non-oil, the oil and gas is too high,” – the president added. He cited the example of Norway, which, in his words, a significant portion of non-oil revenues guides to reserves.
«It is very difficult to keep from having to spend, I repeat, at the current spending revenues from oil and gas. Reducing these costs is healthier economy “, – Putin said.
« And second, everything can be bought for petrodollars. And when the income from them is high, then comes discouraging the own development, especially in high-tech industries, “- he added.
> The head of “Rosneft” Igor Sechin said on Monday that Russia’s oil production could potentially be increased to 700 million tons. This plan can be called, to say boldly forecast Ministry of Economic Development, in 2015 oil production will amount to 530.5 million tons, and according to the draft General Scheme of the oil industry, oil fields under development in 20 years will be reduced by 125 million tons. To keep production at current levels is possible only if the shortfall in volumes of oil will be replaced by new deposits, including through the work on the shelf and with hard resource. RBC remembered what else dreamed Russian gosmenedzhery ambitious forecasts and what did officials in recent years.View 6 photos
The President recalled that in Russia at the present time there is a decline GDP by 3.8%, industrial production – by 3.3%, while inflation rose to 12.7%. “That’s a lot, but we have to maintain a positive trade balance, and we have for the first time in many years, significantly increased the volume of exports of products with high added value. It’s just a completely positive development in the economy “, – he said.
Putin also said that Russia has a high level of reserves. “We believe that we will gradually go still in the stabilization and economic recovery. We have adopted a set of programs, including the so-called import substitution, and this is precisely investments in high-tech spheres “, – concluded the president.
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