| June 2009 |
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Deals worth several billions of dollars have been concluded at the St. Petersburg International Economic Forum, the Russian economic development minister said Saturday.
Russia's grain harvest this year could be 80-90 million tons, with 20 million going to exports, President Dmitry Medvedev said Saturday.
Reviewing Russia's 2009 federal budget would be irresponsible despite oil price growth, and budget policy should remain conservative, a first deputy prime minister said Saturday.
Russian President Dmitry Medvedev said Saturday that tendencies in the global economy are irreversible, and that fast developing markets, including Russia, will quickly overcome the financial crisis consequences.
GDP growth in Russia in 2010 could reach 1.2-1.3%, a deputy finance minister said on Saturday on the sidelines of the St. Petersburg International Economic Forum.
Russia's finance minister said on Saturday that the process of restoring confidence in the ruble following its controlled devaluation could take 3-4 years.
The Russian Economic Development Ministry forecast inflation in June to hit 0.6% with possible deflation later in the year, a deputy economics minister told journalists on Saturday at the economic forum in St. Petersburg.
Russia's Central Bank estimates that the country's net trade surplus for the period January-May 2009 was $35 billion, the bank's deputy chairman told journalists at the St. Petersburg economic forum on Saturday.
Russian President Dmitry Medvedev said ensuring stability grain prices and guaranteeing food security are priorities for the agricultural sector, a Kremlin press release said on Saturday.