Positive trends in the Russian economy is not yet sustainable, says Medvedev

© RIA Novosti / Alexander Activesprite in photobacteria Medvedev holds a meeting with members of the Russian Cabinet of Ministers in the House of government of the Russian Federation. 31 August 2017Positive trends in the Russian economy is not yet sustainable, says Medvedev© RIA Novosti / Alexander Activesprite the image Bank

The positive trend is not so stable to speak about a qualitative change in the situation in the Russian economy, said Prime Minister Dmitry Medvedev.

«Yesterday at the meeting we noted certain positive developments that have emerged in the economy. For this reason there are different estimates. According to the Ministry, in the second quarter accelerated GDP growth to already very good figures, but while these trends are not sustainable, to be able to talk about qualitative changes in the economic situation. It must be borne in mind,» Medvedev said at a government meeting on Thursday.

«But we did discuss, however, what you need to do in order to secure such positive developments in the sense of tax and customs-tariff regulation. Fiscal policy should also stimulate the development of the real sector, i.e. industry, agriculture, creating conditions for long-term economic growth,» — said the Prime Minister.