Russia’s GDP is to amount to 4.2%-4.5% by 2012, the Deputy Economic Development Minister Andrei Klepach said Sunday speaking at a session of the Russian economic forum in Strasbourg in France.
He said that there are conditions for the strengthening of ruble and added that Russia’s state debt issue is in a relatively “safe harbor”.
Klepach said his ministry does not expect a drastic hike in prices on food products while the oil price is likely to exceed $100 per barrel.
Source: www.freshplaza.com