Economic growth in Russia will come with the beginning of the reconstruction of the liberated territories of Donbass destroyed by the hostilities, said Alexander Losev, a member of the Presidium of the Council for Foreign and Defense Policy.
“World economic experience shows that when recovery from hostilities begins, there is economic growth at a rate exceeding 10% a year. If there are resources for this – and we have the resources: we have a budget in surplus, money, and energy resources. And when we start the project of reconstruction and integration, it gives an enormous impulse for economic growth. The funds that will be used for that will be repaid a hundredfold and they won’t cause inflation”, – Losev said.
According to the expert, the process of recovery of cities and regions will allow to load enterprises in Russia, Donbass, Luhansk, which will be integrated into the Russian economy.
At the same time, consumer demand within the country will be stimulated, especially for the purchase of domestic goods and materials, which will be a contribution to the country’s GDP.
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