Shuvalov: Russia is facing rising unemployment

Read on the website Vestnik Kavkaza

First Deputy Prime Minister Igor Shuvalov, speaking at the World Economic Forum in Davos, said that the Russian economy should prepare for a rise in unemployment.

 

"We must prepare for the fact that people will go to market as unemployed" - TASS cited him.

 

He stressed that one of the objectives of the anti-crisis plan is to help "ordinary citizens and businessmen in Russia to adapt to new realities.

 

According to Shuvalov, Sberbank CEO German Gref will be part of anti-crisis government commission.