国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

World / Europe

Russia faces more economic difficulties ahead, but to weather challenges: Russian PM

(Xinhua) Updated: 2016-01-14 02:38

Russia faces more economic difficulties ahead, but to weather challenges: Russian PM

Russia's Prime Minister Dmitry Medvedev delivers a speech during a session of the Gaidar Forum 2016 'Russia and the World: Looking to the Future' in Moscow, Russia, January 13, 2016. [Photo/Agencies] 

MOSCOW -- Russia's economy faces new challenges this year due to low oil prices and economic sanctions, but it has all the necessary conditions to get out of the crisis, Prime Minister Dmitry Medvedev said Wednesday.

"Despite all the difficulties experienced by the Russian economy, we have the reserves, desire and will to overcome them," Medvedev told the annual Gaidar Forum, which has brought together leading politicians, scientists and businessmen.

2015 was probably the hardest year for Russia in the last decade, he said, adding that the plunge of prices of oil, an important source of the country's revenues, was aggravated by economic sanctions imposed by Western countries.

Against this background, Russia's own structural problems have worsened. There was an evident deficit of sources of economic growth and export revenues other than the raw material sector, which resulted in a decline of production volumes, business and investment activities, said Medvedev.

However, he stressed that the situation in the economy is complicated but manageable, citing that Russia was one of the 10 countries with lowest foreign debt and biggest gold and currency reserves, as well as a stable banking sector, which he said would enable the country to take the "most energetic measures" to overcome the difficulties and continue to help key enterprises in a host of sectors.

He urged the country to stop relying only on gas and oil revenues, and to get ready to adjust its budget parameters if oil prices kept falling.

"The basic principle of our policy will remain the same: we must live within our income," he said.

This means budget cuts, primarily of government spending, and privatization of some state assets, he added.

Meanwhile, Medvedev said the government would continue its policy of import substitution, a self-imposed response to Western sanctions.

Russia will also expand cooperation with the Eurasian Economic Union and seek setting up free trade zones with members of the Shanghai Cooperation Organization and the Association of Southeast Asian Nations, Medvedev said.

As to relations with the European Union, Medvedev said Moscow was also hoping to restore normal interaction with the bloc.

"Europe is our close neighbor and an important economic partner in spite of the lamentable sanctions. I believe the common sense prevails and sanctions will become history, while our relations will go back to normal," he said.

 

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
崇阳县| 普宁市| 阿克陶县| 元阳县| 罗山县| 大名县| 宜宾县| 浦城县| 彩票| 茌平县| 新宾| 灵璧县| 鲁甸县| 梅河口市| 腾冲县| 扎兰屯市| 沙坪坝区| 兴隆县| 长乐市| 东兴市| 博湖县| 大安市| 胶州市| 达州市| 朝阳区| 靖宇县| 双峰县| 瓮安县| 呼图壁县| 广德县| 荔浦县| 白水县| 西藏| 崇礼县| 康保县| 梅河口市| 济宁市| 郴州市| 茶陵县| 大新县| 梅州市|