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Russian PM: 2015 budget may be adjusted if economic conditions change

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10.12.2014

MOSCOW, Dec 10 (PRIME) -- Russia may adjust its 2015 budget depending on economic conditions, Prime Minister Dmitry Medvedev said in an interview with five Russian TV channels on Wednesday.

“If economic conditions change significantly, we will have to revise scenario conditions and finally, to make decisions concerning budget,” he said.

Medvedev expects 2014 economic growth at 0.5% and inflation at over 9%.

The prime minister believes the sanctions imposed by the E.U. and U.S. against Russia have created opportunities for the development of import substitution and domestic production. Medvedev also believes that the economy must eliminate its dependence on oil prices.

PRIME

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