Alexei Ulyukayev

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 Will Russia's GDP start to growth?

Will Russia's GDP start to growth?

The Russian Ministry of Economic Development expects Russia's GDP will start growing in the near future, the head of department Alexey Ulyukayev said. "The rates for end-use borrowers are being reduced, and the …

 Ulyukayev and Zeybekci to meet on July 27

Ulyukayev and Zeybekci to meet on July 27

Russian Economic Development Minister Alexei Ulyukayev will meet Turkish Economy Minister Nihat Zeybekci in Moscow on July 27, Russia’s Economic Development Ministry said. "The meeting is …

Will Brexit hurt Russia?

Will Brexit hurt Russia?

Britain leaving the European Union would have an impact on the Russian economy and budget since it will lead to fluctuations in the financial markets and will create conditions for the volatility of oil and other assets.  …

Ulyukayev tells what Russia should do next

Ulyukayev tells what Russia should do next

The Russian Minister of Economic Development Alexei Ulyukayev published an article titled 'What to do next? in the Vedomosti newspaper today. He outlined there his program of actions which would allow the Russian economy to grow every year by 7%, as it was in the early 2000s. The Minister bases his arguments on the premise that the world economy has changed dramatically and only those developing countries that are able to adapt to these changes will keep high growth rates. "In this situation, Russia's economic policy should be aimed at increasing the potential growth, which can be achieved through better use of labor resources, accumulation of capitals through the growth of investments and increasing productivity," Ulyukayev believes.

Russian economy mostly overcame recession

Russian economy mostly overcame recession

Russia's economy mostly overcame the recession, and the economic cycle is close to the lowest point. "Currently, Russian economy is in a state of stagnation. We already see signs of recovery in certain points, which will continue in the …

Ulyukayev: Russia can meet 3% GDP budget deficit in 2016

Ulyukayev: Russia can meet 3% GDP budget deficit in 2016

The Russian government can meet the budget deficit of 3% of GDP (a target for 2016) if a number of conditions is met, Russian Economic Development Minister Alexey Ulyukayev told reporters at a briefing at the forum of ASEAN, Tass …

Russia-ASEAN summit starts in Sochi

Russia-ASEAN summit starts in Sochi

A two-day summit of Russia and the member-states of the Association of Southeast Asian Nations (ASEAN) opens in Sochi today, marking 20 years of Russia-ASEAN dialog partnership. It will be held under the slogan 'Towards Strategic …

Success in foreign trade strengthens the ruble

Success in foreign trade strengthens the ruble

The ruble has all chancee to continue its strengthening in the near future thanks to the high positive balance of foreign trade, the head of Economic Development Ministry of Russia Alexei Ulyukayev said during today's meeting with the Finnish …

Ulyukayev to hold retreat in Crimea

Ulyukayev to hold retreat in Crimea

Economic Development Minister, Aleksey Ulyukayev, has stated that he is to hold a working meeting in Simferopol on Friday, April 8th, on the implementation of the federal program of social and economic development of Crimea and …

Russian oil companies prepare hybrid tax

Russian oil companies prepare hybrid tax

The Russian Ministry of Economic Development intends to hybridize the tax on financial results (NFR) with an additional income (TAI) in the oil industry, the head of department Alexey Ulyukayev said in an interview with …

Medvedev awards Ulyukayev Stolypin Medal of I degree

Medvedev awards Ulyukayev Stolypin Medal of I degree

Russian Economic Development Minister Alexei Ulyukayev was awarded the Stolypin medal of first degree by the Prime Minister Dmitry Medvedev. The document, signed on March 23, was posted on the official …

What are consequences of raising retirement age in Russia?

What are consequences of raising retirement age in Russia?

Raising retirement age in Russia is inevitable, the question is only in the timing and methods of implementation of this decision, Economic Development Minister Alexei Ulyukayev stated to 'Rossiyskaya Gazeta'. …