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On the first day of the Gaidar Forum, Anton Siluanov, Minister of Finance took the floor at the panel discussion. In particular, he touched upon the results of execution of the federal budget in 2013.

On January 15, during the Gaidar Forum German Gref, Head of the Savings Bank declared that the Swiss franc, Norwegian krona and Swedish krona were the most reliable currencies in the world, but Russians should keep savings in rubles.

On January 15, within the frameworks of the Gaidar Forum-2014 Russian Premier Dmitri Medvedev said that regional and local authorities should be responsible for upgrading of the investment climate in Russia.

In the next three years, Russia's economic growth rates will not exceed 2.5% a year, Alexei Ulyukaev, Minister of Economic Development said at the GaidarForum-2014.

In the next three years, Russia's economic growth rates will not exceed 2.5% a year, Alexei Ulyukaev, Minister of Economic Development said at the Gaidar Forum-2014.

Speaking at the panel discussion on the first day of the Gaidar Forum, Anton Siluanov, Finance Minister touched, in particular, on the results of execution of consolidated budgets of the Russian Federation in 2013.

On January 13, the Central Bank of Russia declared about reduction of the volume of target currency interventions from $60m a day to a zero.

Over a year ago, the Russian industry entered the stage of subsiding growth. Comparison of the dynamics of output and prices on industrial produce permits to evaluate the current efficiency of industrial growth stimulation measures.

The President of the Russian Federation instructed the Government of the Russian Federation to introduce in the period till July 15 legislative amendments as regards deoffshorization and implementation of additional measures to limit participation of offshore companies in state and municipal contracts, as well as the right of such companies to receive state support.

In December, in Russia the prospect of a serious local government reform on which experts already started working was outlined.

The indirect effect of withdrawal of the Master-Bank's license happened to be more explicit. It consisted mainly in redistribution of customers from smaller banks to larger ones, primarily, state-owned banks. The above situation could not, but affect banks' liabilities and assets.

The situation in the investment area remains rather complicated despite the fact that in November 2013 the growth rates of investments in capital assets year on year entered the positive area and amounted to 100.2% after a sustained drop in the past three months.

After a year-long break, in the section: The Open Data of the Web-site of the Ministry of Defense the official statistics of the above Ministry provided for by Cl. 7.1 of the Federal Plan of Statistical Work was published.

On December 19, it became known that a number of large Russian companies – KamAZ, RusHydro and Rusal – declared that they supported deoffsorization of Russian economy and intended to abandon their offshore structures.

According to A Klepach, Deputy Minister of Economic Development "the year of 2013 became the year of lost opportunities in terms of creation of new incentives for economy and prevention of economic slowdown". According to official estimates, within eleven months of 2013 GDP growth rates amounted to 1.3% as compared to the previous year which index corresponds the 2013 forecast of the Ministry of Economic Development of the RF (1.4%).

In December, the rate of inflation kept growing due to the fact that both seasonal depreciation of prices on horticultural products stopped and prices on dairy products and eggs appreciated.