Russian billionaire Oleg Deripaska proposed a way to increase the country’s GDP 2.5 times in ten years. He told about it in an interview with RBC at St. Petersburg International Economic Forum (PMEF).
One of the main conditions, he called an increase in the bond market. The current indicator is 30 trillion rubles, which “humilically a little”, the necessary businessman considers the amount of about 70 trillion. “The debt market is” step to freedom of entrepreneurs, “but without the support of the Bank of Russia, this question is not solved,” he stressed.
After that, it will be necessary to talk about the capital market. He led to the example of Korea, China and the Middle East, who have already passed this path, “and we are able to pass”, even despite the sanctions.
Then, according to the billionaire, it is necessary to clean up the transport and customs infrastructure. “We have the main market – this is an export market, you need to get there quickly. Priority for us is fast high-speed freight roads that will allow you to connect to Europe and Asia,” Deripaska noted.
Previously, Deripask agreed that Russia in the representation of Western countries is an outcast, but in reality it is not at all. “We are just the others. We have another country, another historical reality in which we still live,” he explained. According to him, Russian citizens have their views and shift through them.
On June 4, Deripaska stated that there were good times in Russia. “The President, we must give him due, won. And now the question is what is called in us,” he said. The businessman has supported his statement by the fact that stability and “sufficiently predictable conditions” have developed in the country. A billionaire also expects foreign investment from autumn to Russia. “The question will be in us, in entrepreneurs, and I think we can surprise and help the Russian population,” he added. Speaking about the international setting, the billionaire noted that it changes, the prospects for the transition to the Bipolar world, in which China will take China.