Maxim Oreshkin: economic growth in the Russian Federation will reach 3 to 3.5 percent in a couple of years

On January 24, during the World Economic Forum in Davos, Russia's economic development minister Maxim Oreshkin said economic growth in the Russian Federation will reach 3 to 3.5 percent in a couple of years.

"The Russian economy is already growing. Given the demographic challenges that we have faced, its growth should total 3-3.5 percent. I hope it will happen in a couple of years," said Maxim Oreshkin.

The minister noted that the Russian government had taken measures to lower the country's dependence on the volatility of oil prices, which resulted in stronger economic performance.