Close coordination of the work of the government and the Central Bank, growth of gold reserves, the high level of reserve funds give reason to believe that the situation in the Russian economy is not only stable, but also preserve the potential for development, said the head of the Russian state.
SOCHI, 11 Oct. The situation in the Russian economy will be stable, said Sunday the President of Russia Vladimir Putin at a meeting with the CEO of Pirelli, Marco Tronchetti.
He noted that the government and the Central Bank of Russia working in close coordination with each other, recently there has been increase in foreign reserves, maintained a high level of reserve funds of the government.
“All this gives grounds to believe that the situation in the Russian economy will be stable and, despite the slowdown in domestic demand, we will work to ensure that it increased and became a significant factor in ensuring high rates of development of economy”, — said Putin.
He also noted that Russia will continue to diversify the economy. According to him, pushes to this current situation that’s not so bad — “there are more positive”.
“Russia’s economy will maintain a good development potential,” — said the head of state.