Ulyukayev predicted the global economy significant slowdown

The Minister of economic development Alexei Ulyukayev believes that the world economy compared to the first decade of the century considerably slowed down in development, and this trend will continue in the medium term. On Monday, may 16, reports TASS with reference to interview with official TV channel “Russia 24”.

“Compared to the first decade of this century, when economic growth rates were 5 per cent — a significant slowdown,” said the Minister. — We believe that a significant slowdown will continue in the medium term, that is, the growth of the world economy in three to three and a small percentage is still one and a half times less than it was then.”
In April of the current year of slowing growth in the world economy warned the managing Director of the International monetary Fund Christine Lagarde. According to her, many risks have intensified, and for stable long-term development needs decisive action. While Lagarde called the good news is that growth continues and the world economy is not in a state of crisis.

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