Kudrin said that the Russian economy has fallen into a serious stagnant pit

"In general, we are living with the growth rates of the last 10 years (economy – approx. Tbad) 1%. After the Second World War, we have such a long time in the history of Russia, so we live more than 10 years with such a growth rate – 1%, no. We have generally entered a serious, stagnant pit, "he said.

He recalled that the Russian economy is expected to grow at a growth rate no lower than the world average. This year, the Russian economy will grow by 1.6%, according to Kudrin, which is lower than official forecasts. At the same time for the current year, the price of oil has doubled.

"In other words, the increase in the price of oil, which has always been the engine of our economy, does not even stop the further decline in growth rates. And it is clear that other engines are needed, "concluded Kudrin.