RUSSIAN MACROECONOMIC POLICY IN RESPONSE TO A VOLATILE GLOBAL ENVIRONMENT

RUSSIAN MACROECONOMIC POLICY IN RESPONSE TO A VOLATILE GLOBAL ENVIRONMENT

16 June, 10:15–11:30

A package of economic policy measures implemented in 2014–2015 has allowed the economy to absorb external shocks and stabilized fluctuations in key financial indicators and financial markets. What further actions must be taken in the three key areas of economic policy (budgetary, monetary and structural) to ensure a transition to sustainable economic growth? How will policies in these areas affect each other? What must be done to ensure that the changes are successfully implemented?







Broadcast

Key moments

The strategic task is to make sure that our economy grows faster than the global economy and develops proactively, catching up and outpacing other countries in its economic power, its economic advancement.
Anton Siluanov
We need to make drastic changes to the structure [of the budget] in favour of infrastructure and human capital. These are the two decisive factors for future growth and investments.
Alexey Kudrin
The entire world has turned into a lab to generate innovations.
Alexey Kudrin
The short-term objective is to adapt the fiscal policy to new challenges, to the new level of oil prices, in order for the fiscal policy to be predictable in the medium term, and for market players to raise no questions about it.
Elvira Nabiullina