Sergei Glazyev said about the possibility to go against the policy that offers the Bank of Russia. The proposals Glazyev are ensuring a stable exchange rate of the national currency to the dollar, lower margins of banks and key interest rate to the average profitability in the real economy, writes gazetasi.
Advisor to the Russian President noted that the current strategy of the CBR aims that do not reflect the interests of society. Glaziev said that given the sanctions and external shocks is necessary to have internal sources that can Finance the economy of the country. These sources, according to the economist, should not depend on the market.
Also, Advisor to the President explained that it is impossible to reduce inflation without stimulating economic growth in the country. Glazyev believes that to ensure economic growth in several ways.
The first method is the stability of the ruble on the currency market. Thus, in his opinion, the stability of the national currency should not depend on external factors. For this, you may need to abandon the “floating rate of ruble. According to the Advisor, there are about 20 main countries with a high share of oil exports (over 70%), but such a regime of “free float” exchange rate exists only in Russia and Norway. According to this indicator, according to Glazyev, Russia is moving away from developing countries.
The second proposal is to bring funds to priority sectors at low interest and for a longer period of time. The state must control where the money went and what it was spent on. The target area, according to Glazyev, will be one of the catalysts of high rates of economic growth and improved competitiveness among other countries.+
According to experts, this way will allow you to reach the level of annual GDP growth to 6.5-7%.
Photo: so-l.ru
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