Transcript Слайд 1 - Ministry of Foreign Affairs

Russia and its neighbours
Territory – 16,9 mln. km
2
Population - 147,5 mln. people
Growth of Russian economy: key figures and facts
in 2005
(as compared to 2004)
GDP and industrial production growth: + 6,4 % and +4,1 %
Investments in capital assets + 11 %
Real disposable incomes of population +13 %
Inflation rate 10,9 %
In 2006 the GDP growth is expected to amount 5,8 %
Privatization program: 1500 state-owned enterprises
were sold last year
Dynamics of household consumption
(in constant prices) in Russia and
other G8 countries
14
12
10
8
6
4
2
0
-2
2000
2001
2002
Russia
United Kingdom
Germany
2003
Italy
Canada
2004
US
France
2005 (JanuaryJune)
Japan
GDP growth in Russia and in other G8 countries,
2000-2005
10
8
6
4
2
0
-2
2000
2001
2002
Russia
United Kingdom
Germany
2003
Italy
Canada
2004
US
2005 (JanuarySeptember)
France
Japan
2006 Federal budget
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•
•
•
•
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•
GDP in 2006
GDP growth
Inflation rate
Price of oil (per barrel)
total revenue
total expenditure
proficit
- US $ 800 bln.
- 5,8%
- 7- 8,5%
- US $ 40.
- US $ 168 bln.
- US $ 142,3 bln.
- 3,2% GDP
2006 Federal budget
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•
•
growth of health care
expenditure compared
to 2005
- 64%
growth of public education
expenditure compared
to 2005
- 30%
Investment fund
- US $ 2 bln.
Goals of budgetary policy
•
ensuring macroeconomic stability
•
reducing taxes
•
promoting federal investment
programs
•
strengthening the human capital
Gold and foreign currency
reserves of Russia,
1999-2005,
US $ bln.
180
160
140
120
100
80
60
40
20
0
1999
2000
2001
2002
2003
2004
2005
Gold and foreign currency
reserves of Russia:
forecast for the years 2006-2008,
US $ bln.
300
250
200
150
100
50
0
2006
2007
2008
Stabilization Fund
of the Russian Government,
2004-2005,
US $ bln.
70
60
50
40
30
20
10
0
January 2004
December
2004
December
2005
December
2007
Economic and legislative reforms
in Russia
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Less regulatory burdens:

administrative reform
tax system modernization
improvement of the banking regulation
development of the innovation policy
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More legal protection and support for:
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forest and water resources
state procurement
fair competition
innovation (new Law on Special Economic Zones)