Staff shortage problem to persist in Russia - Reshetnikov

Maria Novoselova / Vestnik Kavkaza

The problem of shortage of staff, its training and competition on the labor market will exist in Russia’s economy in coming years, Russia's Economic Development Minister Maxim Reshetnikov said.

"The problem that will follow us in coming years is the problem of the labor market, shortage of staff, training of staff, competition for staff. We will solve this and other problems together with business," Reshetnikov said.

According to the minister, the agenda of development, investment, new capacities and issues of attracting own and borrowed capital, cost of money, making it longer are expected to be in focus in coming years.

"We understand that amid fairly high interest rates it is not easy to do all this. Business is facing the limitation of investment resources. We will cope with it," Reshetnikov said.

© Photo :Maria Novoselova / Vestnik Kavkaza