“We remain a market economy, we still have a private sector,” Kudrin is quoted by TASS.
The head of the Accounts Chamber noted that the current situation in the world has not affected the basic fundamental principles of the Russian economy.
Kudrin especially noted the role of the private sector in the country's economy.
“At the Sberbank breakfast, it was emphasized that it is the private sector that reacts faster to events, adapts faster and is just a factor in a faster recovery, because it makes decisions here and now, and not in difficult bureaucratic procedures of state bodies or a state-owned company.
Everyone knows that, whether it is the Western economy or the new economy, they are then more efficient when they are more adaptive and flexible, and this is the private sector,” he said.
Earlier, the head of the Accounts Chamber of Russia said that the restructuring of the Russian economy in connection with new challenges would last one and a half to two years.
At the same time, investment cycles for individual products are five to ten years.