Russia’s dependence on “oil needle” was considered to delusion

Russia’s dependence on the “oil needle” is a delusion. Such an opinion in a conversation with RBC expressed the former mayor of Yakutsk Sardan Avaxentyeva.

“We have a commodity opinion that we are all sitting on the oil needle. However, this is, in my opinion, a misleading,” she counted. Avksentieva explained that at the moment, if we consider the shares in GDP, then about 20 percent comes from trade and retail, and from the oil and gas industry only just over 15 percent.

The fact that Russian Putin said in the fall of 2020 in the fall of 2020 in the fall of 2020 in the fall of 2020. According to him, the coronavirus pandemic demonstrated that Russia is a country with pronounced technological capabilities, which it is able to quickly develop and adapt to calls.

A few months later, the President spoke again about the disadvantaged from the “oil needle”. “But you know what I would like to pay attention to, which is quite obvious to a positive element of the development of the economy. 70 percent of the Russian budget are already being formed not at the expense of oil and gas income,” he said during the annual press conference.

According to the head of state, this means that Russia, let it not fully, begins to “pinch with the so-called oil and gas needle.” “And if someone still wants to present us with a gas station, it no longer has real grounds,” Putin added, noting that the dependence of the Russian economy from the export of energy resources remains big.

/Media reports.