Scenario-Based Forecast for 2019–2024 : Challenges and Risks

A 2019–2024 forecast of the Russian Ministry of Economic Development can be regarded as a modest and realistic projection for 2019–2020 and a target projection intended to achieve the nation's development targets for 2021–2024. The forecast contains some controversial provisions which can prevent the Russian economy from taking the desirable trajectory of economic growth: a lack of mechanisms designed to trigger investment activity in the private sector, an increase in internal production costs, a potential increase in risks of higher exchange rate and inflation