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Russian PM sees GDP growth in 2019 at 1.3-1.5 percent

Source: Xinhua| 2019-12-05 21:34:10|Editor: huaxia
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Russia's ruble banknotes are seen in this file photo taken on April 28, 2017. (Xinhua/Shi Hao)

The government has taken measures to allow the country to achieve steady higher growth rates, Medvedev said.

MOSCOW, Dec. 5 (Xinhua) -- Russian gross domestic product (GDP) will grow by 1.3-1.5 percent this year, Russian Prime Minister Dmitry Medvedev said Thursday in a live interview with reporters.

"This year our economy has developed, but probably not at such a significant pace as we all would like," Medvedev said.

But, according to Medvedev, the government has taken measures to allow the country to achieve steady higher growth rates.

Medvedev recalled that according to a decree signed by President Vladimir Putin in May 2018, Russia's GDP growth should be at around 3 percent a year.

Meanwhile, Medvedev expects the country's inflation level to be within 3.8 percent by the end of 2019, the Russian Federation's lowest in history.

He added that the level of unemployment by the end of the year is expected to be at 4.6-4.7 percent of the economically active population.

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