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125877
Thu, 06/03/2010 - 16:47
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http://m.oananews.org//node/125877
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Cabinet to discuss economic development scenario for 2011-2013.
MOSCOW, June 3 (Itar-Tass) - Russia's Cabinet on Thursday will discuss
the economic development scenario and the marginal growth of prices on
services of natural monopolies in 2011-2013.
"The budget for 2011 will be drafted proceeding from the oil price of
$75 per barrel," a source in the government said on Wednesday. At the same
time the growth of inflation and industrial production will be a bit lower
that the Economic Development Ministry forecast earlier.
"A moderately optimistic forecast will be taken as a basis of the
budget," the official said.
He supposed that "in 2011 the country's GDP will grow by 3.4 percent,
in 2012 - by 3.5 percent and in 2013 - by 4.2 percent."
"Next year the industrial production will increase by 3.2 percent
(according to the earlier forecast the growth should have reached 3.3
percent), in 2012 - by 3.1 percent and in 2013 - by 4.2 percent," he said.
The growth of consumer prices will be by 0.5-1 percent lower than
previously forecast.
"The forecast for inflation was decreased - in 2011 it will reach 5-6
percent (the previous forecast was 6-7 percent), in 2012 - 5-6 percent (as
against 5.5-6.5 percent) and in 2013 - 4.5-5.5 percent (as against 5-6
percent)," the official said.
The forecast for the growth of investments in fixed capital remained
unchanged. Thus, next year an increase of investments will reach 8.8
percent, in 2012 - 6.3 percent and in 2013 - 8.1 percent.
"In compliance with the proposed variant of the forecast the oil price
will approximately comprise $78-79 per barrel in 2012-2013 and $75 per
barrel - in 2011," he said.
In the upcoming three years the national currency will slightly
strengthen against the U.S. dollar. The Economic Development Ministry
forecasts that in 2011 one dollar will be equal to 29.3 roubles, in 2012 -
28.4 roubles and in 2013 - 27.9 roubles.
The governmental official noted that the economic development scenario
and parameters of the macroeconomic forecast have been repeatedly
discussed at the Cabinet's meetings, including those with participation of
Prime Minister Vladimir Putin.
The official believes that at Thursday's meeting of the Cabinet the
parameters that will create the basis for a new three-year budget will be
approved.
the economic development scenario and the marginal growth of prices on
services of natural monopolies in 2011-2013.
"The budget for 2011 will be drafted proceeding from the oil price of
$75 per barrel," a source in the government said on Wednesday. At the same
time the growth of inflation and industrial production will be a bit lower
that the Economic Development Ministry forecast earlier.
"A moderately optimistic forecast will be taken as a basis of the
budget," the official said.
He supposed that "in 2011 the country's GDP will grow by 3.4 percent,
in 2012 - by 3.5 percent and in 2013 - by 4.2 percent."
"Next year the industrial production will increase by 3.2 percent
(according to the earlier forecast the growth should have reached 3.3
percent), in 2012 - by 3.1 percent and in 2013 - by 4.2 percent," he said.
The growth of consumer prices will be by 0.5-1 percent lower than
previously forecast.
"The forecast for inflation was decreased - in 2011 it will reach 5-6
percent (the previous forecast was 6-7 percent), in 2012 - 5-6 percent (as
against 5.5-6.5 percent) and in 2013 - 4.5-5.5 percent (as against 5-6
percent)," the official said.
The forecast for the growth of investments in fixed capital remained
unchanged. Thus, next year an increase of investments will reach 8.8
percent, in 2012 - 6.3 percent and in 2013 - 8.1 percent.
"In compliance with the proposed variant of the forecast the oil price
will approximately comprise $78-79 per barrel in 2012-2013 and $75 per
barrel - in 2011," he said.
In the upcoming three years the national currency will slightly
strengthen against the U.S. dollar. The Economic Development Ministry
forecasts that in 2011 one dollar will be equal to 29.3 roubles, in 2012 -
28.4 roubles and in 2013 - 27.9 roubles.
The governmental official noted that the economic development scenario
and parameters of the macroeconomic forecast have been repeatedly
discussed at the Cabinet's meetings, including those with participation of
Prime Minister Vladimir Putin.
The official believes that at Thursday's meeting of the Cabinet the
parameters that will create the basis for a new three-year budget will be
approved.
