Daily Memo: Restoring the Russian Economy

As rail traffic increases, Russian policymakers are unveiling expensive plans to goose GDP and lower the unemployment rate.

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Restoring the Russian economy. Alexei Kudrin, the former Treasury minister and current head of the Accounts Chamber of Russia, has revealed the details of a three-stage plan to improve Russia’s economy by increasing gross domestic product by at least 2.5 percent by 2021, lowering unemployment to 5 percent and jacking up real household income. It […]

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