GDP by 2030 will exceed the figure of 2021 by 17%

By 2030, the Russian economy will exceed the level of 2021 by 17% if the “accelerated adaptation” target scenario is implemented. Economic Development Minister Maxim Reshetnikov spoke with this forecast at the final strategic session on the main directions of economic policy under sanctions, a source close to the government who took part in the meeting told Vedomosti. Reshetnikov did name such an assessment, confirmed a federal official who is also familiar with the course of the session. It was assumed that in 2024-2025. GDP growth will be 2.6%, then on the rise closer to 3%, he said. He did not name a forecast for 2023, citing the sensitivity of continuing the discussion about this assessment.

The meeting chaired by Russian Prime Minister Mikhail Mishustin was held on August 30. The Ministry of Economic Development, together with the relevant departments, on behalf of Mishustin, prepared scenarios for the development of the Russian economy until 2030, the department said in a press release. It was noted that the proposed systemic solutions should help overcome the recession and achieve sustainable growth as early as 2024. It is assumed that positive dynamics will primarily be provided by internal growth – both consumer and investment, priority areas were developed at specialized sessions, the report said. ministries.