Alexey Kudrin

Kudrin: world to pass oil consumption peak during 10 years

Kudrin: world to pass oil consumption peak during 10 years

The world has already passed the coal consumption peak and will pass the oil consumption peak within a decade, head of the Russian Accounts Chamber Alexei Kudrin said at the St. Petersburg International Economic Forum on Thursday. …

Kudrin urges to strengthen support for business and citizens

Kudrin urges to strengthen support for business and citizens

State support for the population and business should be prolonged and strengthened, the head of the Accounts Chamber of Russia, Alexei Kudrin said. He noted that the Russian government has already taken serious measures to support the …

Accounts Chamber assesses U.S. Fed interest ratedecision

Accounts Chamber assesses U.S. Fed interest ratedecision

Head of the Russian Accounts Chamber Alexey Kudrin commented on the U.S. Federal Reserve's announcement of cutting the key interest rate to near-zero. "The U.S. Federal Reserve is being proactive," Kudrin …

Peskov: it's incorrect to state growth of poverty in Russia

Peskov: it's incorrect to state growth of poverty in Russia

It is impossible to speak about the growth of poverty in Russia, although the number of people whose income has decreased is on the rise, Russian Presidential spokesperson Dmitry Peskov said, while commenting on the statement by …

SPIEF 2019 kicks off in St. Petersburg

SPIEF 2019 kicks off in St. Petersburg

The 23rd annual International Economic Forum (SPIEF) kicks off in Russia’s city of St. Petersburg at the ExpoForum Convention and Exhibition Center The forum will be held on June 6-8 under a motto of 'Creating a Sustainable Development …

Kudrin: Russia at level of G7 countries of 80s

Kudrin: Russia at level of G7 countries of 80s

Russia's labor productivity lags 40 years behind those of developed economies. This level is close to Brazil's level and three times below the level of the U.S., head of the Russian Accounts Chamber Alexei …

Kudrin: any new sanctions may shock Russian economy

Kudrin: any new sanctions may shock Russian economy

Head of the Russian Accounts Chamber Alexei Kudrin said that Russia has adapted to the existing sanctions, but new sanctions may shock the Russian economy, which would have to go through adaptation again. …

Kudrin: Russians' real incomes barely budged in 2018

Kudrin: Russians' real incomes barely budged in 2018

Russians saw virtually no change in their purchasing power as prices outpaced growth estimates in 2018, the country’s chief auditor Alexei Kudrin said. "Citizens’ real incomes increased by decimal …

"We have fallen into serious stagnant hole"

"We have fallen into serious stagnant hole"

Russia's economic situation reminds me of the era of post-war stagnation, Russian Accounts Chamber Chairman Alexei Kudrin said today. "For the last 10 years we have been living with a growth rate of 1%. …