First Deputy Prime Minister of the Russian Federation Andrei Belousov stated that the production growth rate of the import substitution sectors of the Russian economy is 5-7 percent on average monthly. TASS.
According to him, the high dynamics of non-oil and gas revenues indicates that non-resource exports in Russia are developing quite rapidly.
“We are growing at a very high rate, let me say 5-7 percent per month with seasonality eliminated and sectors providing import substitution. These are sectors related to the production of equipment, primarily mechanical engineering and the production of temporary goods for the population,” Belousov explained.
Before that Belousov registeredRussia has entered the stage of economic dominance. This, he explained, means the ability to implement the national development agenda and goals.
According to the Deputy Prime Minister, Russia has all seven conditions for sovereignty: its own resources for development, self-sufficiency in basic resources, infrastructure, effective institutions, stability of position in the global economy, macroeconomic stability and social development.
Belousov before appreciated The ability of the Russian economy to withstand sanctions.