Russian economy less dependent on external factors

15:56 | 08/10/2018 Global Economy

Russia’s economy has become less dependent on external factors: oil prices and sanctions, according to the first Deputy Prime Minister and Finance Minister Anton Siluanov.

russian economy less dependent on external factors
Finance Minister Anton Siluanov

"We have become less dependent on external factors, despite the fact that we have such a double blow has turned out: the decline in oil prices in the past and external constraints. But, nevertheless, I can now say that our economy has become less dependent on oil prices, and less dependent on the sanctions impact.

We have learned to react to the restrictions which were introduced, we started to develop its own economy, its own industry, agriculture", — said Siluanov in the program, "Putin said. The Kremlin" on channel "Russia — 1".

According to him, Russia has become more independent from the point of view of external imported technology.

"And this policy will continue. We are in their development will help those industries that can produce goods, export-oriented, on the other hand, will maintain and support the companies that are able to produce products that we previously produced for import", — said Siluanov.

Theo chelorg.com