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Return to the “wild” 90s – a terrible situation in Russia in the summer

The economic situation in Russia in June could be dire.

This is stated in an article published in the Moscow Komsomolets.

Author of the article Russia Federation Center Bankreferred to the new issue of the “What are the trends talking about” bulletin.

It is noted that, Center of opinion of most analysts Bankcoincided with the assessment of the head of the company Elvira Naibulina. For example, produce conversation and problems related to the violation of transport links and as a result, even simple industries such as garment production will suffer.

“Let’s take the buttons, for example. Many of them are produced, but the search for new partners and the reconstruction of logistics can take several months. The same can be said, for example, about the paper industry: we have firewood from Russia, but bleach chemicals are imported, “- said the Center for Analysts. Bankquoted from the head of.

The report focuses on it that, The structural transformation of the economy will be accompanied by technological regression

This is especially high digital and or in areas where advanced foreign technologies are applied. One of such areas is, for example, mechanical engineering and electronics industry.

The report warns that the problems will be severe in June. First of all, look for alternative suppliers and The issue of economical use of resources (including financial resources) will be raised.

Analysts have warned that, problems spare parts and will increase due to lack of services. In this case, it is proposed to reduce taxes for entrepreneurs.

Analysts do not rule out a return to the 1990s, as in the current situation, intermediary foreign trade companies and The role of the small business “shuttle” will increase.

“The economy dates back to the poor period of the 1990s, when checkers were almost half the size of the rooms in Turkey,” he said. and It will return to a time when it is full of consumer goods made in China.

These “shuttles” with investment imports – machines, equipment and will not help solve the problem of kits for industrial assembly.

“The effects of the sanctions are not yet felt, because the goods are in stores,” he said and there are material resources. However, since these reserves are rapidly depleted, let’s come to the “X” hour in June. Then how will the sanctions affect the economy and ways to get rid of them will become clear.



Azerbaijan news

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