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  Politics 
21 of November, 14:58

Kudrin: the punishment affect the Russian economy
Punishment most adversely affect the working place of the Russian economy, they have caused the reduction of GDP, assumed to 1, 5%, said head of civil initiatives (CGI), former Finance Minister Alexei Kudrin.

However, He admits that in the production of individual products Russia has made achievements in terms of import substitution, although in other sectors it does not appear, according to his vision.

"I've always believed that punishment has significantly complicated the work of our economy. Presumably to 1, 5% GDP, we are below today than it would be without punishment. The magnitude of the devaluation that occurred, half with oil, half with penalties. For this reason, punishment as long as, in the majority, have a negative impact on our economy. In the branches they could - and that is devaluation will help eventually - many industries, but as long as these results are either absent or in its infancy ", - Kudrin said reporters in the process of the 3rd all-Russian civil forum on the first day of the weekend.

He specified that by results of examination of the government in the production of weapons Russia has already spent some import substitution.

"I at this time, it's hard to say, I don't see it on the economy. I admit that in the production of certain products, we have been replacing or are in this state, in the other industries it does not appear. Even, unfortunately, in agriculture for other reasons: because of the difficulty of access to credit, the regulation in this area - but as long as we, unfortunately, nowhere great result from punishment is not received, " - said the ex-Minister of Finance.

at the end of July 2014, the EU and the US said the punishment against certain sectors of Russia's economy due to the deterioration of relations between Russia and the West on the background of the conflict in Ukraine. In response Russia in the last month of the summer of 2014 limited the import of food items from countries that have imposed against her punishment, and declared the policy of import substitution. In the summer of 2015 penalties and retaliatory measures of the Russian Federation were extended for another year.

The list of Russian citizens and organizations that fall under punishment, - in the material of the Fins news


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