Business · Economy · 5 hrs ago

Sber economist says Russia is nearing limits for state sector growth

Sber economist says Russia is nearing limits for state sector growth

Alexander Isakov, head of a research center at Sber, says Russia is nearing a limit on state-sector growth.

He puts that limit at 30–40%, though he does not specify in the statement how the share is measured.

Isakov says there are boundaries the state sector should not cross as it expands in the economy.

The warning is about the size of the state sector in Russia, not a newly announced policy or decision.

The size of the state sector matters because, in Isakov’s view, expanding it beyond the stated range would cross a limit.

No next steps or policy changes are stated.

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Alexander IsakovHead of Sber’s Center for Macroeconomic Analysis and Short-Term Forecasting
boundaries that it is better not to cross
via RBC