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Moody's appreciated changes in the Russian government


The international rating agency Moody's predicts that the new Russian government will continue to pursue a course towards increasing economic growth and improving social indicators.

This is stated in the report available to RIA Novosti.

The agency notes that the “abrupt” change of government creates “some uncertainty” regarding the possible socio-economic course, but the statements made by Russian President Vladimir Putin and new Prime Minister Mikhail Mishustin allow counting on the continuation of the policy of the previous cabinet.

“Statements by both the president and the new prime minister suggest that the new administration will support the general direction of the previous government’s policy aimed at increasing economic growth and improving social indicators while maintaining broad macroeconomic stability,” the document says.

In addition, it is expected that reforms will continue in the framework of national projects.

Earlier, Mishustin instructed the Ministry of Finance and the Ministry of Labor to prepare amendments to the law on the federal budget for 2020-2022 and to the law on the budget of the Pension Fund of Russia to implement the tasks set by Putin in his message to the Federal Assembly.

On January 15, the entire Russian government resigned.

The next day, the State Duma approved Putin’s candidacy for the post of Prime Minister Mishustin.

On January 21, a new composition of the Russian government was announced.

Source: russiart

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