Ministry of Economy presented the forecast for the development of Buryatia republic for the next three years

September 23, a meeting of the Government of the Republic, in which the Minister of Economics of Buryatia Tatiana Dumnova presented two options for socio-economic development: conservative (basic) and moderately optimistic.

Economists estimate that the Foreign complication of the world situation and the economic attack against Russia, which is expressed in the sanctions could lead to a recession in the economy. That is why a clear and costed forecasting socio-economic development is especially relevant today.

"We must make every effort to prevent the decline in Buryatia", - said the head of the republic Vyacheslav Nagovitcin.

Today the situation in the country is stable enough. In 2013, the gross regional product amounted to over 180 billion. Rubles in real monetary terms, which is 2.9% higher than in 2012.

According to preliminary estimates of the growth in 2014 is somewhat smaller - 0.3%, but the overall trend is positive.

This situation is associated with a decrease in investment activity by almost 9% decline in industrial production by 4%, and a slowdown in consumer demand.

Regarding the outlook for the next three years, in the period from 2015 to 2017. The increase in production is expected to level GRP of 106.2% in the first embodiment, and to the development of 108.5% - in the second to the level of 2014. In 2017, GRP is projected at 283.4 - 287.7 billion. Rub. Thus, even on the basis of the baseline forecast can speak of sufficient stability of the republican economy.

Positive predictive demographics annually by the Ministry of Economy's population will increase by an average of 5 thousand people.

Finally Tatiana Dumnova noted that in an unstable situation in the world economy has been quite difficult to work on forecasting of socio-economic development. Nevertheless, in terms of narrowing the market and increased competition are key factors in the development of our internal resources and work on the development of the consumer market.

"First of all investments. They are the lifeblood of the economy, so here it is necessary that all the projects that are determined by the Head of Buryatia were implemented, - said the Minister of Economy of the Republic, - they must be completed on time and in full, so all ministries must take special control projects respective industries, "the press service of the Government of the Republic of Buryatia.