Sanctions Aren's Key Story for Russia, Economy Minister Says

Maxim Oreshkin, Russia's Economy Minister, discusses the impact of potential US sanctions on Russia's economy, emphasizing that the growth forecast remains stable despite external pressures. He highlights Russia's strong macroeconomic policies, including fiscal and current account surpluses, which help maintain stability. Oreshkin also addresses structural reforms aimed at long-term growth and the effects of ruble volatility, noting that while it impacts consumers, it supports export activities. Overall, Russia's strong fundamentals are expected to mitigate external economic challenges.

How have U.S. sanctions impacted Russia's growth forecasts for 2018 and 2019?

What measures has the Russian government taken to protect the economy from potential sanctions?

What are the key factors that allow Russia to maintain a stable economy despite external volatility?

What long-term strategies is Russia implementing to ensure economic growth?

Discuss the implications of the weakening ruble on the Russian economy and its consumers.

How does the current economic situation in Russia compare to other emerging markets like Argentina and Turkey?

What role does the Central Bank play in stabilizing the ruble amidst external pressures?