Medvedev says expects Ruissa's economy to grow 1-2% in 2017

Medvedev says expects Ruissa's economy to grow 1-2% in 2017

Russian economy has begun growing and the 2017 growth is expected to reach 1-2 percent, while the government is working on an action plan to bring the growth up to 3 percent and more, Prime Minister Dmitry Medvedev said Saturday, Sputnik reports.

"The economic climate is changing. It is very clear that our economy has begun growing, albeit perhaps not quite confidently yet… This year, we are expecting the economy to grow by between 1 and 2 percent… The program we are currently working on, the government's action plan through 2025, aims at the growth of 3 percent and more for our economy, to exceed world's growth figures," Medvedev said in the interview to Vesti v Subbotu TV program.

"It is very important that we have been able to handle inflation. Relatively not so long ago, the inflation again seemed raging after rouble depreciation… [The inflation] was in double digits and the people's incomes took a hit. Nobody liked that, except maybe certain business segments who always profit from the depreciation," the prime minister said.

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