The Ministry of Economy expects GDP growth by 0,3-0,5% in the first quarter. Today the Government summed up the results of the economy for the past year and estimated reserves for growth at 2021. Domestic market development, investment and export are the main priorities. The emphasis will be placed on the maximum use of our own resources: wood, peat, leather, and increasing labor productivity, including through the modernization of existing enterprises and digital technologies. In January, industry and agriculture worked with a plus, the total volume of investments still falls short.
Special attention is paid to the debt load on the real sector. The debt for today is 160 billion rubles. At the same time, the number of unprofitable enterprises decreased by a third over the past year. The number of organizations where the salary is less than 500 rubles has decreased by almost 20%.












