“For us, this is like a new reality, nevertheless, we are ready for this reality, we have accumulated a sufficient reserve of gold and foreign exchange reserves at the Central Bank and government reserves,” he said in a program on the Russia 1 television channel.
According to Siluanov, there will be enough reserves to respond to all the changes that are taking place in the economy and in the budget.
“The difficult times have passed, now we have to more effectively manage the resources that are in the state,” said the head of the Ministry of Finance.
In March, Siluanov said that there would be enough Russian reserves to fulfill all obligations under conditions of low oil prices for at least six years.
In turn, economist and political scientist Alexander Dudchak, in an interview with Newinform, gave a forecast on the situation in the Russian economy.