First Deputy Prime Minister Andrei Belousov called the sanctions entered useful for the country’s economy from 2014. As part of the session of the St. Petersburg International Economic Forum, he indicated that a certain damage was compensated by two positive trends, RIA Novosti reports.
The first he called the creation of strength reserves in all the most important areas, including industry and agriculture. In them, the official pointed out, the country almost completely passed on self-sufficiency.
As a second tendency of Belousov, the reduction of foreign debt due to corporate debt. Over the past seven years, it has decreased twice.
also Belousov noted that resetting the share of the dollar in the structure of the National Welfare Fund (FNB) is associated with the threat of new US sanctions, and therefore is fully justified. The decision was decided by the head of the Ministry of Finance Anton Siluanov. He promised that the change in the shares of the currency will occur within a month.